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As a major crude importer, consumer and producer, an oil price either too low or too high will both lead to negative impact on the country, it said. While a high oil price will impose a burden on oil consuming industries and consumers, a low oil price will jeopardize the normal operations of the domestic crude exploitation industry and further enhance China's dependency ratio on foreign oil.

As for increasing all skilled workers' benefits, the guideline encouraged companies to establish salary systems that can reflect job value, personal ability and work performance. It also advised employers to subsidize complementary allowances for technicians.

As companies scramble to realize innovation-driven expansion and embrace automation and digital technologies to improve plants and management, they will be in a better position to handle risks, Qu said, adding that there is no need to worry about China's economy.

As a result of a previous anti-circumvention investigation, products consigned from Morocco and the Republic of Korea are also subject to these duties.

As a result, the Chinese economy is healthier as it shifts from high-speed growth to high-quality growth.