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China has a lot of macroeconomic room to deal with the crisis, but many countries may not, which would slow overall recovery.
China did not immediately use the latest United States interest rate cut as an opportunity to ease domestic monetary policy as the current rate level is adequate and liquidity ample following a recent injection of funds, analysts said.
China has made huge progress in reducing logistics costs, seeing cost cuts of 98.1 billion yuan last year, up from 55.8 billion yuan in 2016.
China has more than 4,000 incorporated small and medium-sized banks and their total assets stand at 77 trillion yuan (.9 trillion). Most of these lenders have been affected by the novel coronavirus outbreak due to limited management capabilities and distinctiveness of their customers, which are mainly small businesses, farmers and agribusinesses, he said.
China has already moved through the phases like educating many young scientists and researchers, and translating their academic skills into product development and solution skills, said Zhang Yuxin, a professor at the School of Public Health, China Medical University, Shenyang, Liaoning province.
来源：资阳报