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As outlined in the Healthy China 2030 Blueprint, an action program announced in 2016, the Chinese government has been improving healthcare services in terms of drug affordability and healthcare access, as well as encouraging homegrown innovation to upgrade the country's healthcare sector.

As long as the Chinese people and the nation have the courage to fight and sacrifice themselves for changing their destiny, the country will surely become prosperous and strong and national rejuvenation will be realized, he said.

As per the liability certificate, the central SOEs will need to diligently implement the central government's efforts to reduce leverage and cut debt ratio and create a solid foundation to prevent and resolve major risks.

As of Thursday, the S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, stood at 4,108.22, marking a 3.56-percent gain for the month-to-date returns and a 29.71-percent increase for the year-to-date returns.

As many aspects of the world's economic and social environment have been hit by COVID-19,Fahad Alturki, from KAPSARC in Riyadh, said major economies, such as those in the G20, must strengthen unity and cooperation as that could release powerful signals of joint response to support both developing economies and the least-developed countries.