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China's money supply growth exceeded expectations last month and credit increased, further bolstering stable economic growth, the central bank said on Wednesday.

China's economy should return to normal in the second quarter following the novel coronavirus outbreak, whose impact on the global economy should be "relatively minor and short-lived", the top International Monetary Fund official said, as a senior Chinese banker also estimated the effect to be "temporary".

China's domestic tourism industry earned about 3.9 trillion yuan (9.5 billion) in 2016, and there are plans to raise tourism revenue to 7 trillion yuan by 2020.

China's consumer inflation target set for the last year was at 3 percent. The consumer price index rose 2.1 percent year-on-year in 2018, up from 1.6 percent in 2017.

China's concerns are real, and if the United States continues to dismiss them, paying heed only to its own interests, subsequent talks face tremendous uncertainties. On many of these issues, the differences between the two sides are huge.