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BEIJING, Feb. 28 (Xinhua) -- Chinese Vice Premier Hu Chunhua called for all-out efforts to keep the foreign trade and investment stable and ensure the supply of daily necessities to mitigate the impact of the coronavirus outbreak.

Laos has detected eight confirmed COVID-19 cases as of Saturday afternoon.

The timeline noted a "formidable challenge" to global public health security as the pandemic has been spreading rapidly in the world.

While the positive momentum in China's epidemic prevention and control is being consolidated, the task remains formidable, requiring control measures on a regular basis and strengthened efforts to guard against both imported infections and domestic rebounds, according to a recent meeting of the Political Bureau of the CPC Central Committee chaired by Xi.

The impacts of the epidemic on China's economy were generally controllable, the People's Bank of China (PBOC) said in a statement published Friday after a regular meeting of its monetary policy committee, adding that the country's economy has maintained strong resilience and its economic fundamentals for long-term sound growth has remained unchanged.