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"China's railway passenger and cargo transportation is still seeing steady growth due to their positive characteristics of high capacity, high speeds and eco-friendliness, and the expansion plan of railways should be moderately ahead of the current needs," he said.

"China's high-speed railway is as fast as a rocket, but the nation's progress is even faster," said Palestinian businessman Yahya Saleh.

"Considering that the average basic consumption expenditure for residents in Chinese cities and towns is about 4,200 yuan a month per person in 2018, we set the minimum threshold of personal income tax at 5,000 yuan. It not only covers the expenditures but also leaves room for further increases in consumption," Vice-Finance Minister Cheng Lihua said at a news conference on Friday.

"China resolutely opposes the US using unilateralism and protectionist policies to damage the interests of China and other nations," he said. "China hopes the US will stop the erroneous actions and solve issues through fair and equal negotiations."

"China will make joint efforts together with the rest of the world community to promote the UN playing a greater role in safeguarding world peace and promoting common development," Ma said. "Also, China will make its own contribution to promoting a new type of international relations based on mutual respect, fairness, justice and win-win cooperation, as well as building a community of a shared future for mankind."