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China's policymakers have rolled out a raft of measures to cushion the COVID-19 shock. In addition to pumping liquidity into the market and cutting interest rate, China's central bank announced a decision last week to cut the reserve requirement ratio (RRR) for small and medium-sized banks by 100 basis points in its latest effort to bolster the real economy amid the novel coronavirus outbreak.
China-Europe freight trains have made 1,000 trips in the first three months, up 75 percent compared with the same period last year, according to China Railway Corporation.
China's resilient economic performance, supported by the government's coordinated response to effectively contain the novel coronavirus in the country, could become an important lifeline for the global economic recovery, experts said in response to China's latest economic data.
China's rapidly aging population is presenting a challenge to curbing an epidemic of Parkinson's disease, health experts warned on World Parkinson's Disease Day, which fell on Tuesday.
China, which has most of its freight of foreign trade passing through the South China Sea, wants peace and stability for that area more than any other country, Li noted.