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China lowered tariffs on an array of products from medicines to vehicles in 2018, with the general duty level down from 9.8 percent to 7.5 percent.

China on Thursday took strong exception to recent reports in the United States that pointed fingers at its membership in the World Trade Organization and said such claims are not only false but also ignore the fact that the country is an open and market-oriented economy.

China on Monday reported a faster-than-expected 6.9 percent growth in the first half of the year. Li said China's economic structure had been optimized, and the service industry and consumption made prominent contributions to the country's economic growth.

China will achieve annual goals in its fiscal budget this year despite a possible slowdown in the government's revenue growth in the next three months, an official from the Ministry of Finance said on Monday.

China will continue to encourage the United States and the DPRK to move in a positive direction, build mutual trust, resolve their respective concerns through consultations, and make joint efforts to promote the political resolution of the Korean Peninsula issue, Lu said.