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China will implement measures to further boost domestic demand and deepen reform and opening-up this year, in an effort to deal with the rising uncertainties and disruptions from the COVID-19 outbreak, according to the country's top economic regulator.

China will work to build a number of advanced manufacturing clusters with international competitiveness, said a statement released after the key economic meeting, which charted the course for economic work in 2020.

China's alcohol industry earned about 1 trillion yuan in revenue in 2017. The total profits rose by 36 percent year on year to over 100 billion yuan, according to China National Light Industry Council.

China's GDP expanded at higher-than-expected 6.9 percent year-on-year in the first quarter. The NBS is scheduled to release the second-quarter GDP growth on July 17.

China will ease restrictions on foreign investment, including a further opening-up in sectors such as services, manufacturing and mining, according to a news release issued after a key Party meeting on Tuesday.