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China is California's largest trading partner, its third-largest export destination for goods, and the fourth-largest export destination for services, Zhang said. In addition, China was the 32nd District's third-largest export market for goods in 2016 and its fourth-largest export market for services in 2015.

China is aiming to keep annual CPI growth at around 3 percent this year, the same as the 2017 target.

China imposed the tariff on US goods such as agricultural, automotive and aquatic products immediately after the administration of US President Donald Trump announced on Friday tariffs on billion worth of Chinese goods. Beijing's quick reaction is an unequivocal manifestation of its determination to safeguard its legitimate interests and fight protectionism.

China is the world's largest industrial robot market, accounting for one-third of the world's demand, according to the International Federation of Robotics. Industrial robot sales in the country have surged in recent years and hit a record high of 141,000 pieces in 2017.

China has set 2020 as the target year to eradicate absolute poverty. The ministry urged more efforts in tapping the cultural and tourist resources and making new achievements in poverty reduction.