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China will operate more than five magnetic levitation rail lines with maximum speed of 160 kilometers per hour in cities including Chengdu, Wuhan and Guangzhou by 2020, manufacturer CRRC Dalian Co Ltd said on Monday.

China will strictly prohibit consumption loans from being irregularly used for house purchases and strengthen the management of capital flowing to the property sector from banks' wealth management, entrusted loans or other channels, according to the statement.

China will further intensify its proactive fiscal policy through a multipronged approach and strengthen the role of the financial sector in supporting the real economy to help businesses ride out difficulties, the State Council's executive meeting, chaired by Premier Li Keqiang, decided on Tuesday.

China will send expert groups and test kits, facilities and medical treatment equipment to bolster novel coronavirus containment and treatment in the nation's border regions, according to a decision made at a meeting chaired by Premier Li Keqiang on Monday.

China will remain a competitive supply chain choice for Saint-Gobain, he said, adding the company is looking forward to greater investment and development in research and development, production and sales. It has great expectations for continued recovery of China's economy as well as the continuous improvement of China's business environment.