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"Chinese consumers want diverse, quality products, and a nice consumption environment," said Yu, adding that spending on health, convenience and personalized lifestyle products has risen.

"China, bilaterally and through the Forum on China Africa Cooperation, has been undertaking fruitful economic partnership aimed at achieving sustainable economic development in the African continent," the statement quoted Gebeyehu as saying.

"China's efforts to promote the development of 5G networks are proceeding as scheduled. Though the ban on ZTE has led to market concern about a severe negative influence on the telecom industry, the real situation turned out better than we had expected," Essence Securities said in a research note.

"Currently, there are still some financial institutions from Asia, Europe and the Americas doing market research in China. Some have made clear their business expansion plans in the country, and some have submitted their initial applications for the establishment of financial institutions in China. We estimate that a growing number of foreign institutions will take part in Chinese financial markets over a period of time in the future, and they will become an effective strength for high-quality development of the domestic financial sector," the spokesman said.

"Cross-Straits relations are challenging and complicated. Under the common political foundation of upholding the 1992 Consensus, which refers to the one-China policy and opposes 'Taiwan independence', we are willing to stay in communication and enhance dialogue with the KMT to maintain peaceful development of cross-Straits relations," said An Fengshan, spokesman for the Taiwan Affairs Office of the State Council, China's Cabinet.