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China set the tone of its monetary policy in 2017 as prudent and neutral, keeping an appropriate liquidity level but avoiding excessive liquidity injections.

China will accelerate the transformation of new technologies, processes, materials, and products into international standards, said Tian Shihong, deputy head of the State Administration for Market Regulation.

China urged domestic companies conducting overseas business to tighten their management on the resumption of work, take epidemic prevention measures and make emergency plans, according to the Ministry of Commerce.

China opens up the market and proposes to build the Belt and Road Initiative to share China's development opportunities with the world, he said.

China raised its treasuries holdings by .5 billion to .1767 trillion in February, said the US Treasury Department on Monday. China remained the largest holder of US treasuries.