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China's steel industry is entering a new development phase of slower output growth but higher quality, industry experts said.

Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee, visits the homes of impoverished villagers of the Yi ethnic group who live deep in the Daliang Mountains of Zhaojue county, Sichuan province in Southwest China, Feb 11, 2018. Xi asked the villagers about their lives and discussed poverty alleviation with local officials and villagers on Sunday. (Xinhua/Ju Peng)

China's property market has remained depressed due to the social distancing amid the outbreak, as nationwide property sales-both by area and by value-dropped nearly 40 percent year-on-year in the first two months of the year, according to the National Bureau of Statistics.

Chinese NEV manufacturers are stepping up efforts to restore sales and maintain sector growth given the challenges posed by COVID-19.

China-India relations have recently shown a positive momentum, as pragmatic cooperation is deepening and grassroots-level friendly exchanges have become increasingly proactive, Xi said.