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China is expected to enact stronger measures, such as additional tax cuts and incentives for consumption and investment, to bolster the national economy next year, a stance that may be clarified at the annual priority-setting Central Economic Work Conference, analysts said.

China has pledged to open wider to the outside world during the 2020 China International Fair for Trade in Services concluded Wednesday, announcing decisions to roll out a negative list for cross-border trade in services and further ease market access for the sector.

China is New Zealand's largest trading partner, with two-way trade recently exceeding billion, according to the statement.

China has taken a series of measures to further open its manufacturing sector to overseas companies, which has significantly boosted foreign investors' confidence in the nation's gigantic market and attracted more overseas investments, experts said.

China held about .08 trillion of US Treasurys as of January, up by .7 billion in that month, making it the world's second-largest holder after Japan. Foreign investors are holding about trillion worth US government bonds in total, according to data from the US Department of the Treasury.