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China's economy expanded 6.9 percent in the first quarter, above the full-year target of 6.5 percent and the 6.8-percent growth in the fourth quarter of 2016. For the first four months, fiscal revenue, a gauge of the government's ability in macroeconomic regulation, jumped 11.8 percent, compared to 8.6 percent for the same period last year.
China's financial regulators have recently strengthened oversight and issued harsher punishments to remedy shortcomings and promote efficiency, in a sweeping campaign to protect against systemic financial crisis, a key task outlined by the country's leadership.
China's food security is also facing various challenges, from climate change to pollution, but "in the end, science and technology will be the primary solution", he added.
China's overall retail market will reach .77 trillion in 2019, of which e-commerce retail sales will contribute .25 trillion, up 9 percent and 21 percent year-on-year, respectively, according to estimates from consultancy from PwC in November.
China's global and historic initiatives - to establish Belt and Road Initiative and establish the Asian Infrastructure Investment Bank and Silk Road Fund - have won wide praise and support from the international community, including Kazakhstan. China-Kazakhstan relations have also entered a new stage of comprehensive strategic partnership.