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China's oil demand is expected to increase 4.6 percent year-on-year to 615 million tons in 2018. (Photo 2)

China's measures will not only lift the role of the national economy as the world factory and market, but also ease pressure on multinationals and add stability to the global supply chain, as well as boost the global economy, he said. The ministry said local governments have been working to support work resumption in key industries. Nearly all key foreign companies in the traditional export-oriented provinces and cites such as Shanghai, Zhejiang, Jiangsu and Guangdong have resumed operation.

China's high-flying new energy car startups are looking at scalable vehicle handover this year as they promote data-backed solutions to enhance mobility.

China's economy expanded 6.9 percent in the first quarter, above the full-year target of 6.5 percent and the 6.8-percent growth in the fourth quarter of 2016. For the first four months, fiscal revenue, a gauge of the government's ability in macroeconomic regulation, jumped 11.8 percent, compared to 8.6 percent for the same period last year.

China's first domestically designed aircraft carrier embarked on its second sea trial on Monday from its shipyard in Dalian, Liaoning province.