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China's policies have largely focused on controlling the epidemic, promoting economic growth and easing financial difficulties of small and medium-sized enterprises, said Sheng. "The US Fed has said its aim was to facilitate credit and prevent short-term disruptions from turning into long-term recession."

China, he added, will overcome difficulties to prioritize the restoration and expansion of the production capacity in medical and anti-epidemic supplies, tighten up quality control measures, and provide as many resources as it can for the global fight against the disease.

Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, speaks during a tone-setting meeting on environmental protection in Beijing, capital of China. The two-day national conference ended on May 19, 2018. [Photo/Xinhua]

Chinese IPOs in the US surged despite the ongoing audit dispute between the two nations that could force Chinese companies already listed in the US to delist.

Chinese Foreign Ministry spokesman Lu Kang said the EU had for a long time promoted free trade and investment facilitation, which had brought real benefits to European nations.