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The remarks came hours after Trump renewed his attacks on Mueller and the Russia investigation that the former special counsel had led for nearly two years.

The report pointed out that while China has stabilized its near-term growth outlook, its policies to contain leverage and financial risks remain constrained by the authorities' long-term growth objectives to double the average income and size of China's economy by 2020. Achieving this requires ever increasing amounts of credit.

The report also said the China-proposed Belt and Road initiative to rebuild the ancient Silk Road trading route could prove to be a win-win situation for both China and Africa.

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The remarks came after the Wall Street Journal said in the article that Huawei has had access to billion in government support as it grew from a little-known company to a global tech pioneer.

The report shows that in 2017, China spent 6 billion on research and development, following closely behind US R&D expenditure of 9 billion.

The reiteration of achieving these goals has boosted market expectations of more accommodative policies to support economic growth.

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The report found that 71 percent of internet native consumers in China showed an increasing trust in major domestic brands, whereas 57 percent of those showed an increasing trust in international brands.

The report said the world's perception of Chinese brands is gradually escaping the "low-end" label. High-income groups have a better recognition of Chinese brands, and technology and innovation has become a new way for Chinese brands to reach the global stage. In addition, overseas consumers have a deeper impression on Chinese brands compared to the simple "Made in China" expression.

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The regulation stipulated that Party organs for discipline inspection should publicize cases involving violations of CPC Central Committee discipline and punishment of officials who severely breach rules and neglect their duties.

The report says that it would be misleading to "overplay the role of social media in Donald Trump's victory", as "a far bigger portion of Americans still get their news from television and online".