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Small-and-micro-sized companies are significant contributors to the Chinese economy, providing around 80 percent of employment, over 60 percent of GDP, and more than half of the tax revenue. Swift and targeted supportive policies should help avert widespread bankruptcies and large-scale layoffs, which are detrimental to Chinese society.

Kiribati speaks highly of China's role in safeguarding world peace and promoting common development, and appreciates China's efforts to advance South-South cooperation and help small and medium-sized developing countries such as Kiribati to speed up development and address challenges such as climate change, Mamau said.

The two-way targeted regulation of the property market protects the housing supply while curbing speculation, said Wu Jianbin, executive vice-president of Yango Holdings Group.

The joint expert team acknowledged China's prevention and control measures, as well as the dedication of Chinese medical workers, Mi said.

Wang said the friendship between the two countries will be deepened in fighting the epidemic and the cooperation between the two countries will be widened after the epidemic.