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Many companies that took steps keeping in mind the anticipated rise in customer numbers during the holiday -- usually a busy period in China for family gatherings, travel and eating out -- saw efforts proving effective.

As key players in Asia and the world, the two countries enjoy various common interests and wide cooperative space, he noted, adding that with joint efforts of the two sides, China-Japan relations have gotten back on track and maintained a positive momentum.

Efforts should go into intensifying supervision to ensure policies are in place and sustainable, said the meeting.

In spite of the great economic shock, the COVID-19 epidemic has somehow accelerated China's progress in innovation, according to a Goldman Sachs report, which noted that greater awareness about social distancing has already prompted economic activities to move online.

All-out efforts should be made to make the innovation engine stronger and explore new horizons of independent innovation, Xi said.