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China will adopt a more proactive fiscal policy this year, setting its fiscal deficit at above 3.6 percent of GDP and issuing 1 trillion yuan of special treasuries for COVID-19 control this year to release more funds for companies and individuals.

China reported its first case of the disease in August 2018 in the northeastern province of Liaoning. Later outbreaks have been reported in several other provincial regions.

China saw a year-on-year increase of 19 percent in the number of people who applied to study abroad for master's degrees in 2012. There was no increase and even a slight decrease from then until 2015. The number increased by only 4 percent in 2016.

China said on Friday it hopes to work with the new Australian government to promote bilateral ties "on the right track", after Treasurer Scott Morrison was elected by the governing party as the new Australian prime minister.

China sold 10.39 million used cars last year, equivalent to 37 percent of total new car sales in the year while in developed markets such as the United States, they are usually more than double those of new cars.