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China has been stepping up efforts to improve financing efficiency for the real economy, with targeted measures to expand financing channels and reduce financing costs for small and micro firms.

China has been making enhanced efforts to ensure that projects related to the Belt and Road Initiative remain on track while strengthening epidemic prevention, said the Ministry of Commerce.

China has been trying to ban overloaded freight trucks from its roads for decades, with many drivers and logistics companies having chosen to ignore safety hazards and overload their vehicles to cut transportation costs since the 1980s. It has become one of the most pressing issues for China's transportation authorities.

China has accelerated local government bond issuance this year to help the timely implementation of various projects in order to mitigate the impacts of the novel coronavirus outbreak.

China faces two big challenges. One is sustainable development. How is it going to improve the lives of its people while preserving the environment and the resources that will continue to support further growth? The second is that success creates a new set of problems. As you modernize, people become more educated, they want greater control of their personal lives.