Chinese President Xi Jinping said the country's economy is stable, healthy and well placed to meet all risks and challenges, according to a transcript published by the Xinhua news agency.

Xi did not mention China's trade war with the United States, which escalated last month after Washington and Beijing slapped new tit-for-tat tariffs on each other.

"Looking into the future, China's economy bears the supporting conditions for stable, healthy and sustainable growth," he said.

Xi noted China had ample room to manoeuvre in the macroeconomic policy space and that the country's economy got off to a good start in 2019 as key indicators were kept in a reasonable range.