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China has about 25 million patients with rare diseases, with 80 percent of these cases inherited. About 30 percent of patients do not live beyond the age of 5.

China had announced expansionary monetary and fiscal policies to curb the downturn risks at a very early stage of the virus outbreak. Most of these measures were quite different from the traditional methods to stimulate demand.

China has more than 4,000 small and medium-sized banks, with total assets of about 77 trillion yuan. These banks have limitations in management capacity, and their targeted clients are usually micro, small and medium-sized enterprises. During the novel coronavirus outbreak this year, small and medium-sized banks were noticeably affected by the pandemic, said Cao Yu, vice-chairman of the China Banking and Insurance Regulatory Commission, at a news conference on April 22.

China has decided to impose visa restrictions on US individuals who have behaved egregiously over Hong Kong-related issues, Foreign Ministry spokesman Zhao Lijian said on Monday.

China has contributed over 30 percent of world economic growth, which has driven and anchored global growth in recent years.