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The added value of the service sector takes up 60 percent of GDP, more than five percentage points higher than five years ago.

Leading officials were asked to strictly follow frugality rules and set an example, according to a guideline on the priorities of Party and government work during China's most important national holidays, issued by the general offices of the Communist Party of China Central Committee and State Council.

China's economy totaled 82.7 trillion yuan (about 13 trillion U.S. dollars) in volume in 2017, expanding 6.9 percent as it picked up pace for the first time in seven years.

The year 2017 has seen an increase in the popularity of Mandarin in the United States. According to a national survey conducted by American Councils for International Education and released in June, 227,086 U.S. students ranging from kindergarten to grade 12 had enrolled in Chinese language courses.

The principal contradiction in China's economic development, Liu said, is the structural mismatch resulting from the supply side failing to evolve in step with the demand.