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"China stands ready to work with the international community to accelerate the research and production of medical products on COVID-19, promote the equitable distribution of related products, and make efforts to maintain global public health security and support the fight against the pandemic," Hua said. Enditem

The live-streamed press conference, scheduled for 3 p.m., will be held by video link due to concern of COVID-19 prevention and control and public health protection, according to the secretariat of the session.

Meanwhile, Xi stressed that China and Africa enjoy a profound traditional friendship and trust each other, and that they are good friends, good partners and good brothers.

They also urged relevant service platforms to strengthen the qualification examination of restaurants, noting that the review, complaint, and compensation mechanisms for consumers should also be improved.

"In the past weeks and months, financial departments and institutions have taken effective moves to tackle the economic impact of the coronavirus. Real interest rates have come down, and aggregate financing is expanding," Li said. "Interest concessions by financial institutions are a key measure in supporting the real economy, especially smaller firms, and keeping economic fundamentals stable."