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China is in the midst of implementing a host of reforms, which are focused on opening up its economy to foreign competition and strengthening its private sector. They are needed to upgrade its industries and avoid the dreaded middle-income trap.

China is the fourth-largest export market for the US agriculture sector. It bought .3 billion worth of US agricultural products last year.

China is speeding up the integration of information technology with the manufacturing sector and the development of the "industrial Internet."

China is capable of guaranteeing its meat supply with a sharp increase in meat imports and a relatively high level of frozen meat inventory, the ministry said.

China is experiencing a large-scale and fast urbanization process, which requires more modern, data-based and intelligent social governance, according to Peng Sen, president of the China Society of Economic Reform.