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"Despite the uncertainties that affect China's economic growth, supportive policies including tax cuts, State-owned enterprise reform and policies bolstering the private sector will provide long-term momentum for the economy, and we expect GDP as well as power consumption this year will continuously retain medium-to-high speed growth," he said.

"Despite trade tensions with the United States, China hopes to send the message that the nation will stick to efforts to facilitate globalization," said Xia Qing, an official with the National Development and Reform Commission, on Wednesday.

"Disregarding strong representations by China, the United States announced the tariff proposals that are completely unfounded, a typical unilateralist and protectionist practice that China strongly condemns and firmly opposes," according to the statement.

"Despite the significant growth in profits, we still face mounting downward pressure," Zhu added. "There's uncertainty around industrial profits, which will be affected by multiple factors, such as market demand and industrial product prices."

"Every year it's a group of new pianos. Every one of them is a new creation by a different artist," said Camille Zamora, co-founder of Sing for Hope.