In terms of monetary policy, the authorities still need to lower financing costs by cutting interest rates and banks' reserve requirement ratio, as well as to improve the efficiency of the monetary policy transmission mechanism, Tang added.
In terms of trade frictions around the world, Yi said all parties should commit themselves to preserving "an open and rules-based multilateral trade system," and use this system to resolve trade disputes while pushing for greater global integration of trade and investment.
In rural Yunnan, people earning 2,800 yuan a year or less are officially designated as living in poverty.
In recent years, Shaodong entrepreneurs running companies abroad and in other parts of China have been returning to start their businesses at home.
In return, Bai solicited and accepted money and properties worth more than 85.2 million yuan, it said.
In response, Shanghai Tower, China's tallest building with a capacity of 30,000 people, recently completed the disinfection of its air conditioning ducts and filters and turned on maximum ventilation.
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In recent days, the two nations have stepped up their efforts to unite under a collaborative front against the virus. Shipments of urgently needed medical supplies have been made from China to the US.
In regards to the future relationship between the EU and China, Gambardella said Europe is eyeing a "more and more open China."
In recent years, China has advocated talks between the countries directly concerned to address the maritime disputes in the South China Sea, pushed for an early resumption of the stalled six-party talks to end the Korean Peninsula nuclear conundrum, and helped achieve a landmark Iranian nuclear agreement in 2015.
In reality, thanks to the huge investment and profits that US companies deploy and collect worldwide, including in China, the world's top economy actually has a decent surplus in its combined trade and investment relationships, analysts said.