Ning noted that China had a vast market and sufficient conditions to maintain stable economic development.

China has ample room for maneuver in the international and domestic markets as final consumption contributed 76.2 percent to China's economic growth in 2018, while the China-U.S. trade in goods accounted for one-seventh of China's total foreign trade, he said.

Ning said China's industrial cluster, infrastructure and talent constituted a favorable environment for the manufacturing industry, especially for high-quality and high-efficiency production.

Expressing their unshaken confidence in the Chinese market, overseas firm representatives said their companies would continue to tap into the market and grow together with China.

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