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China will adopt additional financial stability measures on Monday to prevent market volatility and encourage lending to nonfinancial businesses, to help return the epidemic-hit economy to normalcy.

China will also promote the healthy development of platform economy and shared economy, encourage corporate mergers and acquisitions, and avoid low-level repetitive construction, the document said.

China will also focus on international cooperation on intellectual property rights, promote technological and trade exchanges between Chinese and foreign companies, and boost the development of an open economy, Shen said.

China recently released over 100,000 metric tons of frozen pork from the national reserve into the market and allotted 47,000 tons of vegetable to places such as Northwest China's Ningxia Hui autonomous region and Shaanxi province.

China to date has 96 central SOEs. They have played an essential role in assisting the government in producing materials for epidemic prevention and control, building medical infrastructure and other supporting infrastructure facilities, and supplying food, power and enhanced communication networks in Hubei province.