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Chinese Foreign Ministry spokesman Lu Kang said Thursday that China hoped to address bilateral trade issues with the United States in a constructive manner and by making a bigger "cake" of cooperation.

China’s tourism revenue for the upcoming New Year’s Day holiday is estimated to reach 76.5 billion yuan (.7 billion), an increase of 12.7 percent year-on-year, according to China National Tourism Administration’s Wednesday announcement.The announcement forecast the number of China’s domestic tourist trips during the New Year’s Day holiday will reach 135 million, up by 12.5 percent from the corresponding period last year.As the New Year’s Day holiday is relatively short, lasting three days, most people will make short-distance trips and driving will become their first choice for transportation.

China's small-and medium-sized enterprises account for more than half of the country's GDP growth and tax revenues and most of the jobs. But the financing bottleneck has become a major problem affecting their development. China has cut the reserve requirement ratio four times since the start of last year, which has substantially improved the access of small-and medium-sized enterprises to lower-cost funds.

China's wine import has been showing rapid growth in both volume and value since 2015. China's import market is dominated by French wine, which has a 40 percent market share. Other top performers are Australia, Chile, Spain, Italy and the United States, according to Nadiroglu.

Chinese GDP in 2017 should have accounted for 15.3 percent of global GDP, based on World Bank estimates the world's economy should have grown by 3 percent. In addition, the Chinese economy's contribution to the world's economic growth would be 34 percent. Between 2013 and 2016, Chinese consumption contributed 23.4 percent to global consumption growth, while the US' contribution rate, the Eurozone's contribution rate and the Japanese contribution rate came in at 23 percent, 7.9 percent and 2.1 percent respectively.