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China has set up 75 overseas economic and trade cooperation zones, with an investment exceeding billion and created jobs for more than 200,000 local people, said Meng Wei, spokesperson of the National Development and Reform Commission, during a press conference in Beijing on Wednesday. In addition, China's Silk Road Fund has inked 19 projects with committed investment of billion.

China is ramping up efforts to improve the service capability of China-Europe rail freight, providing much-needed freight service amid the COVID-19 outbreak, the country's top economic regulator said on Tuesday.

China has stepped up support for strategic emerging industries including tax cuts and financial aid in an effort to speed up industrial upgrades.

China has rolled out a wide range of policies and measures to help exporters resume production since the epidemic broke out. The government introduced incentives to give firms financial support, help employees return to the workplace and reduce operational costs.

China is the second-largest market for pharmaceutical products in the world. Annual revenues of the pharmaceutical industry in China exceed 2.5 trillion yuan (8.6 billion), and annual exports of pharmaceutical products exceed 13.5 billion yuan, Wu said.