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China's central bank may take an alternative approach to maintain lower corporate borrowing costs instead of an immediate interest rate cut. [Photo/VCG]

China's central government is already considering launching a timetable for ending sales of gasoline-powered private cars, according to industrial bodies.

China will stay committed to greater opening-up. China has comprehensively fulfilled, in some cases outperformed, the commitments it made upon accession to the WTO. A foreign investment management model of pre-establishment national treatment and a negative list has been rolled out. China's trade in goods now accounts for more than one third of its GDP. And foreign-invested enterprises have contributed about 40% to China's export and 20% to tax revenue. China's economy has deeply integrated into the world economy. Pursuing greater opening-up is a sure choice based on its own development needs. Since early this year, we have introduced an array of new measures in pursuit of greater opening-up, including lowering tariffs for some goods and widening market access in the manufacturing and services industries.

China will remove all sorts of unreasonable barriers and restrictions and create a level playing field for SMEs

China will organize epidemiological research on asymptomatic patients in Wuhan, other parts of Hubei province and other areas to learn more about the infection rate of the virus and patients without symptoms and how infectious their cases are.