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China and the EU should strengthen cooperation in the research, development and production of vaccines, drugs and testing reagents, and jointly support the active role of the World Health Organization, the Global Alliance for Vaccines and Immunization and other international agencies, he said.

Gennady Zyuganov, chairman of the Central Committee of the Communist Party of the Russian Federation, said the COVID-19 pandemic is exacerbating economic and social problems in many countries around the world.

Facing challenges from asset quality, commercial banks across the country have raised loan loss reserve fund to 5 trillion yuan as of the end of second quarter, with provision coverage ratio at 182.4 percent.

"We are working with the University of Southern California on phase-two clinical trials of lung diffusing and detoxifying preparation," Zhang said. "They are paying close attention to the medicine and the experiment results we have achieved."

Xi signed another presidential order awarding four persons the national medal and honorary title for their outstanding contribution to fighting the COVID-19 epidemic.