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China will further expand the opening of the financial sector, encourage foreign financial institutions and funds to enter the domestic financial market and enhance the vitality and competitiveness of the financial system, the statement said.

China will fine-tune its coordination mechanisms to maintain stability in the six key areas－employment, finance, foreign trade, foreign investment, domestic investment, and market expectations－to more effectively manage the impact of the virus outbreak and promote sound economic and social development.

China's capital market is developing fast, but it is still young and far from perfect. The Chinese authority has never stopped making efforts to improve the mechanism. The debut of the STAR market will allow the market to play a fundamental role in allocating resources, which is critical to China's goal of seeking high-quality development.

China's accelerated steps on free trade zones development will facilitate a higher-level of opening-up, which would further drive domestic economy to be more "tenacious" in face of trade conflicts, experts said.

China will firmly stick to the basic national policy of opening-up and pursue win-win cooperation while safeguarding the country's sovereignty, security and development interests, President Xi Jinping said on Monday.