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China's consumer price index rose by 0.90 percent in March, up only 0.10 percentage points from 0.80 percent in February, the National Bureau of Statistics said on Wednesday. Falling food prices helped keep consumer inflation in check, the agency said.

China's globalization "is based on more equal cooperation", and features a focus on South-South cooperation between developing countries, including itself, he said.

China's consumer price index grew by 1.6 percent year-on-year in 2017, well below the inflation target of 3 percent, and its unemployment rates, in terms of both registered and surveyed unemployment rate, were low, statistics of the National Bureau of Statistics show.

China's nearly trillion bond market is likely to see a substantial increase of foreign capital inflows this year as higher yields, a relatively stable yuan and further opening of the onshore market have made Chinese bonds an increasingly attractive asset for global investors.

China's exports to the DPRK increased by 29.1 percent in the same period, but Huang said that was mainly driven by traditional labor-intensive commodities such as textiles, which are outside the embargo lists.