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China and Africa have offered mutual support and fought shoulder to shoulder with each other, Xi said, adding that China will always remember the invaluable support from Africa at the height of China's battle with the coronavirus. Over 50 African leaders expressed support in phone calls or public statements.

China First Heavy Industries Co, one of centrally-administrated SOEs which supplies technical equipment, high-tech products and services to a number of industries such as steel, non-ferrous, electric power, energy and automobiles, encountered financial losses in 2016, saw its net profit jump 165 percent year-on-year in 2018, after steadily deepened supply-side structural reform and adjustment of its operation mode.

China announced plans on Tuesday to establish new pilot zones for cross-border e-commerce, support the processing trade, and host an online version of the Canton Fair, its signature export fair, as some of the latest responses to curb the contagion's effect on trade activities.

China and the US had "constructive and candid" talks on economic and trade issues of mutual concern in Washington from Aug 22 to 23, and both sides will stay in contact for future arrangements, the Ministry of Commerce said in a statement on Friday.

China and the Nordic and Baltic countries should keep a strong momentum on the high-level exchanges, enhance communication, boost understanding, set aside disagreements and seek common ground, Xi said.