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China reported faster-than-expected 6.9 percent GDP growth in the first half of the year, setting the country on course to comfortably meet its 2017 target of about 6.5 percent.

China kicked off the commercialization of 5G services on Oct 31, with China Mobile and two of its smaller rivals rolling out their 5G data plans. In just 10 days since then, Beijing has accumulated more than 40,000 5G subscribers.

China will carry out export control work in accordance with internationally accepted practices, and effectively protect all legal rights and interests of exporters, including intellectual property rights of various products, he said.

China now accounts for more than 40 percent of global e-commerce transactions. The nation's third-party mobile payment is 11 times larger than that of the United States. China is also home to one third of the world's unicorns (startups valued at more than billion).

China started the fourth pilot program for the national survey of TCM resources in 2011, which had covered 1,332 counties in 31 province-level regions across the country, or about half of the country's administrative divisions at the county level, by the end of 2017.