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The conservative leader, who was criticized for his sluggish reaction to the months-long crisis, has defended his actions by pointing to regulations requiring states to formally request federal assistance.

The country will open its doors wider to foreign investors and further liberalize and facilitate trade and investment, Premier Li Keqiang said Monday when delivering the government work report in front of thousands of lawmakers and political advisors.

The country's NEV market also saw a recovery with the output and sales climbing 381.6 percent and 301.3 percent from last month to about 50,000 and 53,000 units, respectively, the CAAM data showed.

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The country already has a modern China-built railway network linking the landlocked country with the Djibouti port. The Grand Ethiopian Renaissance Dam, the largest hydroelectric power project in Africa, is nearing completion, and is expected to significantly lower the cost of energy in the region.

The country will continue to stabilize macroeconomic policies, market expectations and the financial market by sticking to its proactive fiscal policy and prudent monetary policy, taking forward-looking and effective macroeconomic regulation measures, and properly defusing risks, the premier added.

The country imported billion in agricultural products in the first quarter of this year, up by 10.4 percent year-on-year, according to the Ministry of Agriculture and Rural Affairs.

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The country lifted foreign ownership caps on securities firms and mutual fund companies on Wednesday, in line with the requirements of the nation's financial opening-up agenda and the phase-one trade deal agreements between China and the United States.

The coronavirus crisis has demonstrated there are other ways of living and interacting, such as using technology to hold meetings rather than traveling and staying in expensive hotels.

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The contracts are agreements to buy or sell treasury bonds at a predetermined price on a set date.

The contributions to GDP from the primary, secondary and tertiary industries respectively reached 4.6 percent, 47.9 percent, and 47.5 percent in 2014, according to the NBS.