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"Chinese companies will follow WTO rules and negotiate import agreements with US companies in accordance with market-based principles to expand imports of goods and services from the US."

"China's economic recovery was not strong enough due to limited improvement in demand, and some companies didn't replenish inventories," said Zhong Zhengsheng, chairman and chief economist at CEBM Group, a Caixin subsidiary. "As the pneumonia epidemic is putting pressure on the economy, policymakers need to make efforts to ensure no major disruptions to improving business confidence."

"China's stance on trade war has been consistent and clear. We do not want, but is not afraid of a trade war.

"Chinese people have accumulated more wealth, and their family income increased," she said.

"China's investment market remains large and continues to grow. Its consumer market is constantly expanding at a rapid pace," said Seyedin.