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China's CPI for 2018 rose 2.1 percent year-on-year, up from 1.6 percent for 2017. The growth exceeded 2 percent for the first time this year, but remained well below the government's target of around 3 percent for 2019.

China's central bank vowed on Thursday to further reduce the market interest rates and push financial institutions to forgo 1.5 trillion yuan (1 billion) in profit, to boost credit for the business sector and spur economic growth.

China will step up efforts to align the development strategies so that the cooperation achievements will benefit more people and keep China-Africa cooperation progressing on a stable path to the future.

China wishes ASEAN to achieve new greater development in its construction as a community, make greater contribution to promoting regional peace, stability and prosperity, and bring more benefits to the peoples of all ASEAN member states, according to the Chinese president.

China will do more to ensure that its smaller enterprises enjoy ready access to affordable credit, a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.