Annual growth target within reach

Despite external instabilities and domestic downside risks, the Chinese economy is likely to record a steady full-year GDP growth of 6.2 percent or higher in 2019, with policy measures at the ready to combat any challenges, economists said.

China announced 11 measures on Saturday to further open up the financial sector in the latest move to help bolster and stabilize growth.

The country will allow foreign institutions to conduct credit rating business with all types of bonds in China's interbank and exchange bond markets, said the State Council's Office of Financial Stability and Development Committee.