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The country's investment promotion agency, InvestChile, said China increased its investments in the country by 167 percent last year to .8 billion. That made China the main foreign investor in Chile, followed by the United States and Canada.

The country's forex market was generally stable in the first three quarters with balanced supply and demand, said Wang Chunying, deputy director and spokesperson of SAFE, noting that the effective containment of COVID-19 and economic recovery had offered strong support for market stability.

The crackdown will focus on manufacturing of counterfeit goods, trademark infringements, exaggerated promotion and illegal advertising, the State Administration for Market Regulation said on its website last week.

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The country's central government collected more than 6.04 trillion yuan during the period, up 3.3 percent year on year, while local governments saw fiscal revenue up 3 percent to about 6.52 trillion yuan, according to the Ministry of Finance (MOF).

The currency regulator attributed the continued positive trend in the data to basically balanced foreign exchange supply and demand and the appreciation of a basket of currencies against the dollar.

The county government has also been trying to entice more flute makers to the region to create a more diverse industry, including tourism and training in flute playing. The former residence of Gen's family has been renovated into a sightseeing spot open to public.

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The country's opening-up policy provides a level playing field for businesses from all countries, he said. Businesses worldwide are expected to take advantage of the possibilities created by China's new round of reform and opening-up, enabling mutual benefit and common development, he said.

The current economic expansion began in mid-2008 and became the longest on record in July 2019. However, the average growth rate hasn't climbed much above 2 percent, below the 2.9 percent rate during the 2001-2007 expansion and the 3.6 percent rate between 1991 and 2001, government statistics show.

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The death toll in Japan from the pneumonia-causing virus currently stands at a total of 49 people, according to the health ministry, with the figure including those from the virus-hit Diamond Princess cruise ship that was quarantined in Yokohama, close to Tokyo.

The country's retail sales of consumer goods, a major indicator of consumption growth, declined 19 percent year-on-year in the first quarter.