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China will take major steps to stabilize and bolster foreign trade and investment amid the rising uncertainties and disruptions surrounding the world economy and trade from the COVID-19 outbreak, the Ministry of Commerce said on Monday.

China's Minister of Commerce Zhong Shan (C), Vice-Minister of Commerce and Deputy China International Trade Representative Wang Shouwen (R) and Vice-Minister of Commerce Qian Keming attend a press conference on China's domestic market and all-round opening-up for the second session of the 13th National People's Congress (NPC) in Beijing, March 9, 2019. [Photo/Xinhua]

China's Nasdaq-style high-tech board known as the STAR Market has provided a more inclusive financing platform for the country's high-tech innovation companies since its opening in July. There were 70 companies listed on the STAR Market last year, raising total funds of 82.4 billion yuan. The proceeds accounted for 32 percent of the total fundraising of the A-share IPO market, according to data released by PwC.

China will maintain its monetary policy in the coming months, according to the PBOC official.

China will make further plans for increased fiscal funds to directly benefit businesses and the people in a bid to enhance the foundation for economic recovery and growth, and ensure the full delivery of financial policies to support the real economy, the State Council's executive meeting chaired by Premier Li Keqiang decided on Monday.