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China should continue boosting its domestic gas production while importing more natural gas from abroad to meet the ever-increasing domestic gas demand, said Li Li, energy research director at energy consulting firm ICIS China.

China will be probably the only G20 member country that registers positive GDP growth in 2020, O'Neill said, referring to the group of 20 major economies in the world.

China on Friday announced targeted measures to boost consumption, including improving the consumer market supply and speeding up the construction of the smart consumption ecosystem, in a move to foster steady growth in the economy amid the novel coronavirus outbreak.

China rolled out a master plan for the development of the Hainan Free Trade Port in June, which outlined a long list of opening-up policies aimed at building the island into a globally influential free trade port by the middle of the century.

China started sea trials on Friday of Asia's largest and most advanced cutter-suction dredger, which is expected to become a mighty "island-maker".