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China's exports grew 9.9 percent in dollar terms in September from a year earlier, while imports rose 13.2 percent, the customs administration said. Economists earlier forecast that exports would increase by 10 percent while imports would edge up 0.4 percent.

China's economy has been generally stable and is one of the fastest-growing economies in the world in 2019, said Liu. He also pointed out that China's economic output has reached nearly 100 trillion yuan (.49 trillion), and that its annual economic expansion of about trillion is almost equivalent to a medium-sized economy in today's world.

China's economy expanded by 6.9 percent in the first half of 2017, with consumption and services, together with new innovation-driven economic sectors, taking up larger roles. In light of the strong data and expectations of continued fiscal support, the IMF in July revised China's growth forecast upward to 6.7 percent for 2017 and 6.4 percent for 2018.

China's housing inventory was down significantly, and the debt-to-asset ratio for industrial businesses also dropped. Corporate operation costs declined as governments moved to reduce business burden, and investment surged in weak areas including environmental protection and agriculture.

China's foreign exchange reserves rose for the 12th straight month to reach .2 trillion at the end of January.