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China will design and make the fuselage of the C929, while Russia will design the wings of the wide-body passenger aircraft, which is currently under development, said Commercial Aircraft Corp of China on Friday.

China's GDP increased 6.9 percent year on year to hit 18.07 trillion yuan (.63 trillion) in the first quarter, beating estimates of 6.8 percent. 

China will maintain the continuity and stability of its policies, focusing on advancing supply-side structural reform to ensure stable and healthy development of the economy, Liu Wei, vice-minister of finance, told a news conference.

China's average REER rate in 2018 appreciated by about 1.4 percent relative to 2017, driven by the appreciation in the nominal effective exchange rate, the report said, adding that external balance assessment indicated that China's REER to be at the same level as warranted by fundamentals and desirable policies.

China's JAC Motors said on Tuesday that it will produce autonomous cars with the country's internet giant Baidu Inc, with the first mass-produced model scheduled to roll off the assembly line in 2019.