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China achieved GDP growth of 6.9 percent in the first quarter compared year on year, with growth up 0.1 percentage point more than the fourth quarter of 2016. But the Political Bureau meeting said the improvement in economic fundamentals could be cyclical.

China National Cereals, Oils and Foodstuffs Corp, the country's biggest food trader by revenue, will accelerate its pace of building warehouses and logistics facilities in the world's major grain-producing regions this year, said a senior executive on Wednesday.

China and the United States discussed a one-year action plan for economic cooperation during the dialogue, which concluded on Wednesday, and agreed to cooperate in areas such as finance, trade, investment and global economic governance.

China and Myanmar signed an agreement in April on a crude oil pipeline starting in Myanmar's Made Island and ending in Yunnan province, the latest energy cooperation between the two countries to send oil from Myanmar's Kyaukpyu Port to Yunnan.

China General Nuclear Power Group and French energy company EDF Group on Friday announced that Taishan Nuclear Power Plant's unit one reactor successfully completed a 168-hour demonstration operation.