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China has been Africa's largest trading partner for nine consecutive years. In terms of investment, China's non-financial direct investment in Africa has amounted to about billion in the past five years. In 2017, China's direct investment in Africa was about billion.

China has opened the sector to foreign investors, with several Australian providers already involved in developing elderly-care facilities and training for medical staff and technicians.

China has launched targeted measures to support the micro-, small-and medium-sized enterprises, which have good business prospects but cannot repay loans that are due between Jan 25 and June 30 in a timely manner because of temporary difficulties amid the novel coronavirus outbreak. The country's top banking and insurance regulator has allowed them to apply for extended repayment plans, and the deadline has been extended till June 30.

China has 98 centrally administered SOEs, down from 117 five years ago as a result of the central government's policy of restructuring central SOEs to improve their earning capabilities and efficiency.

China attaches great importance to developing its ties with the Czech Republic and is willing to work together with the Czech side to constantly boost their strategic partnership, he added.