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China will uphold the vision of building a community with a shared future for mankind, share its experience and provide as much support as it can for the global battle against COVID-19, and work with other countries to promote the development of global public health and build a community of common health for mankind, he added.

He noted that in recent days the team of medical experts dispatched by the Chinese government have been working actively in Moscow, and exchanging experience with their Russian counterparts on how to combat the disease.

He called on APT countries to act with greater synergy and common purpose and to send a message of partnership, solidarity and mutual assistance to secure an early victory against COVID-19 in East Asia.

The "ammunition" in China's monetary policy toolbox is sufficient, said Ming Ming, an analyst with CITIC Securities, noting that with improved structural tools, intensified financial regulation and optimized capital flow, a deluge of strong stimulus policies similar to those favored by the country during the 2008 global financial crisis may not appear.

According to The UN Office for the Coordination of Humanitarian Affairs, an estimated 5 million Syrians have fled the country, 6 million others are internally displaced, over 13 million people need assistance and an untold number of men, women and children are suffering greatly.