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As provision coverage ratios of some banks are currently lower than 100 percent, Dong advised banks to make sufficient loan loss provisions.

As we speak, the world economy is still on the road to recovery, yet factors of instability and uncertainties have notably increased, posing risks and challenges that are deeply concerning. Protectionism and unilateralism are on the rise. With economic globalization suffering setbacks, the rules-based international order and the multilateral trading system are coming under strain. Just as we did before, the APT countries should work together in the spirit of solidarity and mutual help to tackle the challenges head on and turn crisis into opportunities through a collective response. We need to shoulder greater responsibilities for regional stability and play a bigger role in promoting regional prosperity and development. We should remain committed to economic globalization, multilateralism and free trade, and work to advance regional economic integration and build an open world economy. We need to seize the opportunities brought by the new round of technological and industrial revolution to strengthen innovation cooperation and nurture new drivers of growth.

As stipulated in a draft－which is widely believed to vary little from the final version－it demands the credits an automaker earns from selling new energy vehicles should account for 8 percent of its total sales in 2018.

As the domestic situation keeps improving, China has been trying within its ability to provide aid to countries that are in urgent need, he said. China will also do its best to support friendly countries that are suffering serious outbreaks and lack disease control supplies, especially developing countries in Asia, Africa and Latin America, he added.

As the World Health Organization has upgraded days earlier the risk level of the COVID-19 to "very high," global cooperation to combat the disease is of great importance, said Klinger, adding that China can play an important role in addressing public health emergencies.