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China expresses serious concern regarding the US' statements on this issue, as this move discriminates against Chinese State-owned enterprises. It will not only affect Chinese companies' investment in the country, but also will damage the confidence of other foreign companies in the US investment environment, Gao added.

China has made bond issuance the sole legal way for local governments to raise debt amid efforts to forestall a systemic financial crisis.

China exported 10.2 billion yuan (.4 billion) worth of epidemic prevention and control supplies between March 1 and April 4, including 3.86 billion face masks, 37.52 million units of protective clothing, 2.41 million infrared thermometers, 16,000 ventilators, 2.84 million detection kits, and 8.41 million pairs of protective goggles, data released by the GAC showed. 

China has lifted more than 66 million people, about the population of Britain, out of poverty over the past five years. There were still around 30 million people in China, 144 in Goutan, living below the poverty line at the end of last year.

China has been stepping up efforts in recent years to contain financial risks, cracking down on high-risk shadow-banking activities and taking over financial firms with illegal practices that threatened their solvency.