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The Chinese currency has joined the elite reserve currency basket of the International Monetary Fund, or the Special Drawing Rights basket. It is an important shift for the yuan to become a currency unit used not only in trade inside China, but also in international financial operations, he said.

The Chinese doctors shared their experience in fighting the virus in Wuhan, the epicenter of the epidemic in China, including effective isolation and quarantine of patients and suspected cases, cutting virus transmission routes by appealing to the public to wear face masks outside and to stay indoors as much as possible, and taking measures to protect medical workers from infection.

The California, US-based company, founded in 2012, offers solutions for mobile game developers to publish, monetize and grow their businesses. The startup now has offices in San Francisco, Berlin, Beijing, and Tokyo and plans to continue its growth in Asia while maintaining profitability.

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The China-Laos railway has holed through 49 tunnels so far till the completion of Muangxay No 1 Tunnel, out of its 76 tunnels with a total length of 198 km.

The Chinese economy will continue its stabilizing and positive trends, and further opening-up and reform will be carried out to provide domestic and foreign enterprises with a business environment of equal treatment and fair competition, Li said.

The China (Shanghai) Pilot Free Trade Zone, located in Shanghai's Pudong New Area, has attracted a large number of wholly-owned foreign enterprises. [Photo provided to chinadaily.com.cn]

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The Chinese Academy of Sciences launched its second summer internship program for Hong Kong undergraduates in Beijing on Monday, allowing students from the special administrative region to learn about traditional Chinese culture and scientific development and build relations with peers from the Chinese mainland.

The China Insurance Regulatory Commission announced a new measure, reducing the maximum discount on auto insurance premiums to as low as 33.75 percent from 43.35 percent.

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The China International Import Expo (CIIE) has helped to diversify China's sources of imports and facilitate greater trade flows between China and Africa, said Francois Gamet, head of Asia for the South Africa-based Standard Bank Group and CEO of Standard Advisory (China) Ltd.

The China-Australia Free Trade Agreement, which took effect in December 2015, is also set to eliminate the 10 to 14 percent tariff on abalone by Jan 1, 2019.