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China will fight "at any cost" and take "comprehensive countermeasures" if the United States continues its unilateral, protectionist practices, a spokesperson with the Chinese Ministry of Commerce said Friday.

China's central bank kept interest rates steady instead of following US monetary tightening moves on Thursday, shifting greater focus onto maintaining domestic economic stability and facing downside risk.

China's catering business has maintained a steady annual growth rate of 10 percent since 2013, with revenue in 2019 reaching 4.67 trillion yuan (0 billion), according to the China Hospitality Association.

China will stick to the current poverty standard and strive to eliminate extreme poverty on schedule, he said, even though the novel coronavirus outbreak has temporarily prevented financially vulnerable rural workers from returning to factories and disrupted logistics chains for farm produce.

China will promote the legislation of supporting laws and regulations on the newly passed export control law to ensure its effective implementation, the Ministry of Commerce said on Thursday.