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China has set a goal of building a moderately prosperous society in all respects by 2020, which requires the eradication of extreme poverty. To achieve the target, the central government has been stepping up efforts to increase access by the rural poor to medical resources since 2012, when the Communist Party of China held its 18th National Congress.

China is supplying anti-epidemic materials to countries in need so that they can resume production quickly and also continue their efforts to combat the epidemic, as certain parts of the global supply chain have been damaged by the COVID-19 outbreak, said Wang Huiyao, president and founder of the Center for China and Globalization, an independent Beijing-based think tank.

China is by far Austria's greatest trading partner in Asia, said Friedrich Stift, Austria's ambassador to China.

China is experiencing a large-scale and fast urbanization process, which requires more modern, data-based and intelligent social governance, according to Peng Sen, president of the China Society of Economic Reform.

China is ramping up financial support for the domestic economy, including a cut in banks' required reserves, officials said on Friday. Also, targeted measures in issuing bonds and injecting liquidity will help bail out the corporate sector with the global spread of the novel coronavirus.