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China is boosting efforts to ensure orderly resumption of work and production, and has already achieved positive progress in fighting the novel coronavirus, the country's top economic regulator said on Monday.

China is still facing economic downside risks, indicated by the recent figures on electric energy production and industrial output, said Shen.

China is fully confident in fending off systemic debt risks and expects no apparent changes in government debt ratio in the coming years, Finance Minister Xiao Jie said on Wednesday.The country's debt-to-GDP ratio has decreased to 36.2 percent in 2017, down from 36.7 percent in 2016, far below the so-called alert line of 60 percent internationally, said Xiao at a press conference.He added that the government's outstanding debt has reached 29.95 trillion yuan (.7 trillion) by the end of 2017."China has formed a closed-loop system on managing local government debt including setting reasonably debt quotas, bolstering budget and risk management as well as controlling emergencies," he added."China will deal with illegal debt firmly as issuing bond is the only legal way for local government to raise fund," Xiao said.

China is so far home to at least 1.5 million new energy cars, according to the association.

China has upgraded its average broadband speed up to 49 Mbps and will eliminate charges for domestic roaming and long-distance calls this year.