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China is willing to play a positive role on this regard, he said.

China strongly urged the US to stop the provocations and refrain from damaging the peace and stability of the region as well as Sino-US cooperation, he added.

China will allow local governments to issue up to 200 billion yuan (.6 billion) of special-purpose bonds to purchase convertible bonds and other qualified capital instruments of small and medium-sized banks in 18 regions, said Liu Rong, deputy director of the CBIRC's city commercial bank supervision department.

China maintained a balance in cross-border trade and investment in the first three quarters, indicated by a 3.2 billion surplus in the current account and .7 billion net inflows of foreign direct investment, the State Administration of Foreign Exchange reported on Friday.

China not only attaches importance to the quality of medical exports, but also takes concrete actions to sincerely help and support India in the fight against COVID-19, said a spokesperson from the Chinese Embassy in India.