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China's forex reserves climbed to .009 trillion by the end of March from 3.005 trillion dollars a month earlier, still the largest foreign exchange reserve stockpile in the world.

China's exports of automobile products to markets related to the Belt and Road Initiative reached billion in 2017, up 9 percent year-on-year, industry data showed.

China's economic and financial risks are on the whole manageable, Li said. "What China needs to do is to tackle both the symptoms and root causes and take effective measures to defuse potential risks."

China's e-commerce market has developed at double-digit pace for years. E-commerce transaction totalled 22.69 trillion yuan in the first three quarters of 2018, up 11.2 percent year-on-year.

China's economy showed signs of resilience and recovery while the global economy has been seriously affected by the COVID-19 pandemic, said Liu Zhenmin, under-secretary-general for economic and social affairs at the United Nations.