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China set the tone of its monetary policy in 2017 as prudent and neutral, keeping appropriate liquidity levels but avoiding excessive liquidity injections.

China was an important driving force for the rapid expansion, according to Umpleby. "Our most significant driver to profit was higher sales volume, with nearly half that increase in construction industries, and the China market was an important contributor to that volume."

China supports the Asian Infrastructure Investment Bank and the Silk Road Fund playing a bigger role in providing financial support for regional cooperation, Xi said.

China launched a national campaign against organized crime and officials who shelter criminal organizations at the beginning of 2018. Three rounds of inspections on the national crackdown have been conducted so far.

China will also turn 30 airports into comprehensive transportation hubs to provide a more convenient travel experience for passengers by 2035.