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"More measures should be taken to facilitate the execution of macro policies. The monetary policy tools that can directly benefit businesses must be fully utilized, and related mechanism established to prevent funds from flowing into unintended areas, or simply circulating in the financial system, and avert financial risks," Li said. "The internal incentive mechanisms within banks should be stepped up, otherwise, they are still reluctant to lend to small firms."

Social unrest, the failure of the rule of law and a lack of protection for corporate assets and personal safety are genuine factors that would undermine investors' confidence, the spokesman noted.

Since the outbreak, the Chinese government has adopted the most comprehensive, rigorous and thorough measures in a timely manner to fully prevent the spread of the virus. These measures effectively broke the chain of transmission, made a tremendous contribution in maintaining global public health security and has been widely praised by the international community, said Zhao.

Wang pointed out that the Chinese side would like to continue exchanges with Turkmenistan in flexible and diverse forms to push forward their cooperation, and minimize the impact of the pandemic on such cooperation.

BEIJING, July 16 (Xinhua) -- The fundamentals of China's long-term sound economic growth have not changed and will not change, Chinese President Xi Jinping said Wednesday in a reply letter to global CEOs.