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China's automobile market saw a sales decline in 2018 for the first time in 28 years, with passenger vehicle sales slumping for 10 consecutive months from last year to March, according to the China Passenger Car Association. As the central government halved subsidies for new energy vehicles this year, the promotion of car consumption depends more on local governments and enterprises.

China's Beijing, Shenzhen and Shanghai have the most self-made women billionaires on the list, while Hangzhou and Xiamen have broken into the first five spots, the list added.

China will stay true to the mission of upholding world peace and to the path of peaceful development. The pursuit of harmonious coexistence is in the DNA of the Chinese nation. Peaceful development is a strategic choice made by China in light of its national conditions and fundamental interests. It is a basic principle that must be followed in China's diplomacy in the long run. It is peaceful development, not predatory expansion, that has enabled China, a country once mired in poverty and backwardness, to grow into the world's second largest economy. For this reason, we will continue to uphold peaceful development and cooperation for win-win results, and stick to an independent foreign policy. No matter how advanced it may become, China will never seek hegemony, nor will it seek expansion or spheres of influence.

China will promote international cooperation via the Belt and Road Initiative, and explore emerging trade markets while building on traditional ones, he said.

China's bond market may attract more capital inflows than 2019 this year as some major central banks and private sector firms will increase their investment in Chinese bonds, said a research note from China Merchants Securities. Foreign institutions purchased Chinese bonds worth 457.8 billion yuan last year, up 32 percent from 2017, the note said.