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China stands ready to work with Italy to make contributions to international epidemic cooperation and the building of the Silk Road of Health, he said.

China should sanction United States and Taiwan entities involved in the recent proposed arms deals and maintain its strategic pressure on Taiwan secessionists, with the sale damaging to Sino-US ties, officials said.

China remains a critical region for venture capitalists, according to Forbes. Last year, funding to Chinese firms rose 19 percent to billion, hitting an all-time high, as industries including artificial intelligence (AI), robotics, and internet of things continue to attract investments.

China plans to build 1,000 new towns by the end of 2020, but the central government has received twice the number of proposals from local governments than expected, according to Qiu Baoxing, former vice minister of Housing and Urban-Rural Development.

China urges some in the United States to immediately stop making unjustified accusations against its products and slandering China, and called them to do something useful to help the US better respond to the epidemic, the Ministry of Commerce said.