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The ministry urged provincial governments to improve government reserves of special emergency supplies, and encourage companies to ramp up backup production capacity or ability to refit production lines for emergency medical supplies.

Spokesman Wang Wenbin made the remarks at a press briefing while commenting on U.S. announcement that TikTok, a Chinese video-sharing app, will be out of business in the United States if it is not sold to a U.S. company before Sept. 15.

Finance authorities will make good use of the special bonds and guard against systemic risks, Liu said.

Universities, research institutes and businesses across the country joined forces to develop vaccines, medicines and treatment. A vaccine developed by Chinese researchers was the world's first to enter phase-two clinical trials on April 12. By July 23, nine enterprises in China had started clinical trials of COVID-19 vaccines. The emergency use of COVID-19 vaccines has also started.

The country will continue to pursue the high-quality development of the pilot FTZs and grant them more space to advance reform and opening-up so that they can take the lead in forming the dual circulation, said Tang Wenhong, an official from the Ministry of Commerce.