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"Despite the decline, China's services trade saw a largely stable trend in the first half. Services exports outperformed imports, with the services trade deficit narrowing by 46.1 percent from the same period of last year to 401.7 billion yuan," said Xian Guoyi, director-general of the ministry's department of trade in services and commercial services.

"Economic growth was steady overall, with the GDP expanding at 6.7 percent in 2016, 6.9 percent in 2017, and 6.7 percent in the first three quarters of 2018," He said.

"Each time the United States seems to be set on a course of action, the president shifts gears and kicks the dust up all over again," he said in a commentary on Monday.

"Electric mobility will be one of the biggest gamechangers in the decades to come. And China clearly intends to lead the way; it is already the world's largest new energy car market."

"Effects have been seen recently. In the first two months, 182.85 billion yuan in taxes and fees were further reduced," Wang said. "The Chinese tax authority will do all it can to achieve the target."