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China is ramping up efforts to speed up production and increase the market supply of necessities and medical products as part of its larger efforts to fight the coronavirus outbreak, said the country's top economic regulator.

China is expected to invest about 800 billion yuan (4.29 billion) in railways, about 1.8 trillion yuan in highways and waterways, and 90 billion yuan in civil aviation, the Ministry of Transport said on Thursday.

China is one of Tesla's most important markets. In the third quarter, its China revenue surged 79 percent year-on-year to 3 million, about 20 percent of its global revenue, according to the company.

China has tightened its regulation of the country's insurers' overseas financing activities, aiming to reduce their capital leverage and prevent the illegal transfer of onshore assets to overseas markets.

China has witnessed remarkable growth of tree coverage with the implementation of afforestation projects, a senior forestry official said on Tuesday, National Tree Planting Day.