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Trade experts have also warned that Washington's additional tariffs on Chinese medical products may contribute to shortages and higher costs of vital equipment, thus impeding the U.S. response to the pandemic. But Washington has shown no signs of rethinking its doctrine of unilateral trade protectionism, and even threatened to impose more tariffs on China.

More targeted reserve requirement ratio cut policies for inclusive finance will be introduced promptly, with standards further lowered for joint-stock banks to drive down enterprises' financial costs.

In this regard, efforts will be made to optimize modern rural infrastructures including high-yield farmland and water conservancy and agricultural mechanization projects, raise agricultural technological innovation capability and speed up promotion and application, and enhance the capability of grain production and disaster prevention and mitigation.

The two sides share broad prospects for developing cooperation in such areas as finance, trade, investment and climate change, he added.

The meeting also called for continuous efforts to strengthen coordination and communication with the World Health Organization and relevant countries in areas including the virus testing, treatment technology and research in medicines and vaccines.