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China will pursue a prudent monetary policy more flexibly and appropriately, according to this year's government work report.

China will step up international cooperation in epidemic containment and carry out strict quality supervision of its exported medical supplies, the group said, adding that ineligible exporters, those who failed to follow quality standards and those inflating the price of products and raw materials will be punished in accordance with the law.

China's central regulators have released two guidelines to tackle corporate bond defaults. [Photo/IC]

China will stick to its path of innovation with Chinese characteristics and implement an innovation-driven strategy for development to fulfill the "Two Centenary Goals", Xi said. The goals are to finish building a moderately prosperous society in all respects by 2020 and to turn China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful by the middle of the 21st century.

China's aviation regulator said on Monday that it would arrange additional or chartered flights to bring back its citizens stuck abroad due to the pandemic, based on the demands of overseas Chinese and domestic local governments' capability of handling inbound passengers.