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China will come up with temporary and targeted fiscal measures to cushion the blow to economic growth caused by the novel coronavirus outbreak, with the focus largely on optimizing government spending and enhancing support from central authorities, officials from the Ministry of Finance said on Thursday.

China remains committed to denuclearizing the Korean Peninsula, maintaining peace and stability there and resolving problems through dialogue and negotiation, Foreign Ministry spokesperson Hua Chunying said at a regular news briefing.

China will also gradually ban the production, import and export of certain types of electrical switches, cosmetics and pesticides that contain mercury.

China taking bold steps to replace fossil fuels with clean resources, especially wind and solar power

China is willing to maintain closer exchanges with key international organizations, including the IMF, to promote global economic cooperation and free trade, and also inject momentum into the global economy and financial stability, Li said.