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China will closely follow the development of the epidemic in other countries and strengthen communication with those countries to reduce unnecessary cross-border travel and ensure its foreign exchanges and cooperation won't suffer major impact, he said.

China reduced its holdings of US treasuries to a seven-month low in January, amid concerns that the world's largest bond market might suffer headwinds from impending interest rate increases.

China should stick to its poverty alleviation target and make continuous efforts in the battle, Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, said on Thursday, National Poverty Relief Day.

China will closely watch the effects of the US' tariff measures, as this will affect bilateral trade and the global economy.

China is willing to consolidate the political foundations for bilateral relations, enhance political mutual trust and expand pragmatic cooperation, he said.