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China Business News cited an anonymous source at BYD Auto, who said the latest regulation won't have an impact on the company's business because the involved Qin and Song models were not planned for mass production.

China achieved year-on-year GDP growth of 6.9 percent in the first quarter of this year, well above its preset target of about 6.5 percent for the year. However, some analysts remained unsure how the Chinese economy would fare this year and said that GDP growth in the first three months was simply unexpected and that it would fall in coming quarters.

China also plans to import more US soybeans and cotton as well as advanced manufactured items such as passenger aircraft, integrated circuits and machine tools, it said.

China also brought the case to the World Trade Organization on Monday. In its filings, China dismissed the US assertion that the steel and aluminum tariffs were instituted on national security grounds, arguing instead that they were safeguard measures - temporary trade restrictions aimed at protecting domestic producers, the Bloomberg reported.

China and Georgia signed the Memorandum on Silk Road Economic Belt Cooperation in March 2015. The two countries are working on an agreement on international road and rail transportation of passengers and goods, which is hoped to facilitate the development of links between them along the Silk Road.