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China's major investment projects in various regions will certainly create fresh opportunities to export sectors, such as precision instruments, mechanical and electrical equipment, said Li Danghui, deputy director-general of the ministry's department of market operations and consumption promotion.

China's consumer inflation target set for the last year was at 3 percent. The consumer price index rose 2.1 percent year-on-year in 2018, up from 1.6 percent in 2017.

China's move to raise tax rebates on some exports is expected to ease the burden on the real economy and stabilize foreign trade growth to cope with complicated global scenarios, particularly trade frictions, according to analysts.

China's list of products facing new tariffs contains 128 products across seven categories, according to the Ministry of Commerce. The list also includes two different tariff levels - 15 percent and 25 percent.

China's newly adopted Foreign Investment Law represents progress, as it gives all businesses a clear operating environment, president of Merck China Allan Gabor said during an interview at the China Development Forum on Saturday.