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The capacity for emergency response should be preserved to properly handle new confirmed COVID-19 patients, the meeting stressed.

It also highlighted speeding up establishing a law on biosecurity.

China has maintained close communication and cooperation with the World Health Organization as well as relevant countries and regions, and shared information with them in a timely manner, the spokesman said, adding that China's efforts bought precious time for the world and contributed to the global response to the pandemic.

-- North China's Tianjin Municipality starting from Thursday will downgrade its public health emergency response from the top level to the second level. Enditem

The "ammunition" in China's monetary policy toolbox is sufficient, said Ming Ming, an analyst with CITIC Securities, noting that with improved structural tools, intensified financial regulation and optimized capital flow, a deluge of strong stimulus policies similar to those favored by the country during the 2008 global financial crisis may not appear.