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Brnabic said Serbia extends gratitude to China's support to its economic development. Serbia will work with China to advance the rail line and further cooperate in industrial parks, e-commerce and logistics, she said. Chinese enterprises are welcome to join infrastructure projects in Serbia and direct flights are expected to open as soon as possible, she added.

Business leaders and experts, meanwhile, said the reforms are expected to benefit the rest of the world to help materialize President Xi Jinping's proposal of creating a community of a shared future for mankind.

Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management, told CNBC, "Fiscal stimulus is the antidote that can bridge the gap between what was happening before the coronavirus and what will happen after it. It certainly can't cure the virus, but it can help contain some of the economic fallout. Today's trading activity is the market trying to gauge whether the stimulus is going to be sufficient."

Both were found by the UK to be suffering from the effects of poisoning by a nerve agent but they are now recovering in hospital.

Building an international financial hub in Shanghai and to further open the financial sector is part of China's new growth paradigm, which will ensure a decisive role for the market in resource allocation. It will also enable the country to better pursue independent development and openness, according to Tu.