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China's move shows that the country is deploying resources to help its manufacturers to ease the impact from the US irrational trade policies and guide domestic companies to seek new import channels from global markets such as Germany, Brazil and South Korea for different products, said Ma Yu, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation.

China's health supplement market came under fire recently when healthcare information sharing platform Dingxiang Doctor posted an article about a 7-year-old girl who died of cancer after suspending her chemotherapy to take herbal products made by Quanjian. The article said the company's advertisements claimed the products had an anti-cancer effect.

China's inflation is likely to remain mild this year and may not represent a major constraint on the country's monetary policy despite consumer inflation edging higher last month, economists said on Thursday.

China's exports and imports of goods trade in June witnessed positive growth for the first time this year, and the positive effects of stabilizing foreign trade policies have continued to appear, according to data released by the General Administration of Customs on July 14.

China's leaders have been stepping up the push for fundamental market-based economic reform since Xi's first year in office. The Third Plenary Session of the 18th CPC Central Committee in 2013 set out a strong agenda to restructure the role of the market, giving market forces a "decisive" role in allocating resources, instead of the "basic" role stated in earlier documents.