Chinese economy will maintain steady progress with good momentum for growth and meeting the government's stated target, according to He Lifeng, head of the National Development and Reform Commission.

"With the implementation of various supportive policies, I believe this year the economy will register a good performance," He said on Wednesday at a press conference on the sidelines of the two sessions.

In 2018, China's gross domestic product rose 6.6 percent year-on-year to more than 90 trillion yuan ($13.4 trillion), beating the official target of around 6.5 percent, according to the National Bureau of Statistics.

China has also made big strides in fostering a better business environment, as the country ranked 46th place out of 190 countries in the World Bank's newly released ranking list in 2018. While China ranked 78th place for ease of doing business in 2017.