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China will promote the development of carbon emission rights and carbon financial markets, and improve the efficiency of a price-setting mechanism in the carbon trading market, according to Liu Guiping, vice-governor of the People's Bank of China, the central bank. 

China's case is not well received by the United States. With deep-rooted strategic mistrust toward China, US politicians have failed to catch up with China's understanding of cooperation and adopted an increasingly protective and isolationist approach.

China will provide 100 million face masks, 10 million protective suits and other urgently needed medical supplies to ASEAN countries as grant assistance and via commercial channels, he said.

China will ramp up resources to integrate cutting-edge information technologies into the real economy, as the nation is expected to become the world's largest data owner by 2020.

China will further move forward with a pilot program for the pooled procurement of pharmaceuticals and improve capacities to cope with a shortage of drugs, according to a decision from the State Council executive meeting on Wednesday.