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China has always been clear in what it is focused on and encouraged companies to help. I strongly believe companies have an important role to play in partnering and helping to improve people's lives. Yum China has created and implemented a series of signature corporate social responsibility programs to help with the government's poverty alleviation goals and priorities. Programs that are scalable and accessible to as many people as possible can make a real impact.

China cut its benchmark lending rate on Thursday to spur production and mitigate impact of the novel coronavirus outbreak on some fragile sectors, even as experts suggested that stronger and cheaper credit supply will help reverse an economic slowdown.

China has been a key trade partner with New Zealand, which could also provide important support to the Belt and Road Initiative and China's relations with countries in the South Pacific, she said.

China has been sharpening its efforts to optimize the structure of steel production. The country plans to cut ineffective steel capacity of about 30 million metric tons this year, according to the Government Work Report available to media on Monday. In the past five years, more than 170 million tons of steel capacity have been slashed according to the report.

China has made strides in curbing risks caused by the troubled peer-to-peer (P2P) lending sector over the recent years. [Photo/Sipa]