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China's domestic air travel market is steadily picking up. Since August, the number of scheduled flights in the domestic market exceeded 13,300 daily, and the number of available seats exceeded 2.2 million daily, both numbers reaching nearly 80 percent of the levels recorded last year, according to the Civil Aviation Administration of China.

China's fast-developing services sector will continually support the job market and minimize the negative impact of US tariffs on China, he said.

China's consumer markets are already heavily integrated with the world and penetration by multinational corporations is considerable. Across the 10 large consumer categories, their average penetration was 40 percent in 2017, compared with just 26 percent in the United States.

China's crude steel output is estimated to exceed 1 billion metric tons this year. That will mark an increase of 3-5 percent year-on-year. But, the industry profitability this year is likely to stay flat and may increase modestly next year, according to the China Iron and Steel Association.

China's financing support to Africa is mainly invested in infrastructure construction and productivity. Chinese companies have built a large number of infrastructure projects such as highways, railways, ports, airports and communications facilities in Africa, which have greatly improved the environment for Africa's economic development, added to its appeal to foreign investment and enhanced its capability to achieve self-driven development, according to Geng.