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China responded to the US tariffs announcement, with the Ministry of Commerce saying it will take immediate countermeasures on US products with equal force and scale.

China urges some in the United States to immediately stop making unjustified accusations against its products and slandering China, and called them to do something useful to help the US better respond to the epidemic, the Ministry of Commerce said.

China maintains the global governance view of extensive consultation, making joint contributions and sharing benefits and supports the UN to play an active role in international affairs. The setup of the China-UN Peace and Development Fund has strongly demonstrated the commitments China has made, Wu said.

China urged the European Union on Wednesday to fulfill the provisions of the protocol on China's accession to the World Trade Organization as soon as possible.

China to date this year has taken a series of measures, including promulgating the Foreign Investment Law and the new version of the negative lists for foreign investment market access, as well as setting up new pilot free trade zones. Wang outlined that these measures have played a significant role in stabilizing the scale and improving the quality of foreign investment.