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China's ambassador to the United Nations has spoken of China's lessons in pulling its people out of poverty, while emphasizing the importance of international collaboration in global poverty eradication with the challenges posed by COVID-19.

China's central bank decided on Wednesday to inject more than 800 billion yuan (5 billion) into the financial sector by reducing the amount of cash financial institutions must keep in reserve. The move is designed to maintain "reasonably ample" liquidity and lower financing costs for the real economy.

China's aviation regulator has barred six airlines and two airports from adding new regular flights, chartered flights or destinations after they failed to meet punctuality targets.

China's bond market has a total value of 108 trillion yuan (.35 trillion) now and is the second largest in the world. By the end of June, about 900 foreign institutions from more than 60 countries and regions had accessed the interbank bond market, investing in 2.6 trillion yuan of bonds denominated in Chinese yuan, rising at an average rate of 40 percent per year since 2017, according to data from the central bank.

China will take preventive and control measures of category A infectious diseases to effectively fight against the pneumonia caused by the novel coronavirus (2019-nCoV), according to the National Health Commission.