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"It marks an important step for the J-20 to have comprehensive combat capabilities," said Shen Jinke, spokesman for the Chinese People's Liberation Army (PLA) Air Force.

China aims to eliminate absolute poverty by 2020 before becoming a moderately prosperous society. China has lifted 68.53 million people out of poverty over the past five years, which is equivalent to an annual reduction of at least 13 million. The country's poverty rate dropped from 10.2 percent in 2012 to 3.1 percent in 2017. Despite this progress, there were around 30 million Chinese living below the national poverty line at the end of last year.

During the forum, Liu met with Vincent Siew, president of the Taiwan-based council of the summit, and its vice president Chiang Pin-kung.

As leading members of the WTO, the United States and China should rely on the WTO dispute mechanism as the first line of defense in dealing with the inevitable trade disputes that arise between the two nations, Roach said.

China has set 2020 as the target year to complete the building of a moderately prosperous society in all respects, which requires the lifting of all people above the poverty line -- per capita annual income of 2,300 yuan -- in rural areas.