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China's capital market, whose valuation is currently at a low level, has long-term investment value, Wang Xinjie, investment strategy director of Wealth Management Department at Standard Chartered China, told the newspaper.

China will further improve its business environment by halving the time required to start an enterprise and launch construction projects, the State Council decided on Wednesday at an executive meeting chaired by Premier Li Keqiang.

China's central bank announced on Friday it would inject 550 billion yuan (.67 billion) of liquidity into the economy by cutting the cash amount commercial banks must reserve to stabilize market sentiment and support economic growth amid the novel coronavirus outbreak.

China's biggest achievements over the past four decades include the country's shift from a planned economy toward a socialist market economy.

China will take effective policy measures to stabilize its strength in attracting foreign investment in 2020 and provide high-level services to existing foreign-invested companies across the country, a senior commerce official said on Friday.