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China is ramping up efforts to maintain supplies of daily necessities to Wuhan as well as their prices at a stable level, as part of the larger fight against the novel coronavirus pneumonia outbreak.

China has remained the world's largest auto market in terms of production and sales for nine years.

China is also simplifying the rebate system to improve efficiency. The executive meeting set a goal to cut the average processing time from 13 days to 10 by the end of the year, while companies with good records will receive rebates faster and more easily, the statement said.

China has shown a strong desire to further open up and the intent of policy improvement is expected to follow through in execution, said Piyush Gupta, CEO of DBS Group.

China is promoting ecological progress and proactively participating in multilateral climate governance processes, which have laid a solid foundation for France-China cooperation, Macron added.