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China's outbound direct investment, after peaking in 2016, witnessed a drastic reduction in 2017 amid the government's efforts to curb irrational investment overseas that have brought potential risks to overall financial security.

China's economy, the world's second largest, grew 6.6 percent year-on-year to reach 90.0309 trillion yuan (.28 trillion U.S. dollars) in 2018, above the official target of around 6.5 percent, according to data issued by the National Bureau of Statistics (NBS) on Monday.

China's move to ban importation of ivory has significantly disrupted the illegal market of wildlife products globally, said an expert. What now remains is concerted efforts toward cutting off funds that support illegal trade.

China's ongoing policy adjustment will ensure ODI grows to keep pace with ongoing industrial upgrade and supply-side structural reform, as well as closer business ties with countries and regions participating in the Belt and Road Initiative, they said.

China's exports to the DPRK increased by 29.1 percent in the same period, but Huang said that was mainly driven by traditional labor-intensive commodities such as textiles, which are outside the embargo lists.