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China's total grain output consists of three parts -- early rice, summer grain and autumn production. Summer grain is the first season of the annual grain production, accounting for more than a fifth of the yearly output.

China, as a developing country, is accelerating the development of its manufacturing sector, and it has become an inseparable part of the global value chain and a huge market for manufactured goods, he said.

Chinese President Xi Jinping is attending the 25th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in Vietnam's central port city of Da Nang. After the two-day meeting which started on Friday, Xi is scheduled to pay a state visit to the country.

China's total imports of goods and services accounted for 9.7 percent of the world's import market in 2016, increasing from 8.4 percent in 2011, according to the World Bank. The expansion of China's import demand will make greater contributions to the prosperity of international trade and effectively promote the rebalancing of the world economy, Zhang added.

China's prudent monetary policy will be neither too tight nor too loose, said a statement issued Monday after a State Council executive meeting.