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China will further facilitate overseas-funded companies in setting up venture capitals and investment companies, and improve relevant rules on overseas investors' strategic investment in listed firms and their mergers and acquisitions of domestic companies, Li said.

China will increase trade in agricultural products with Belt and Road nations and promote industrial cooperation in the sector so exchanges and cooperation benefit all countries, Qian added.

China will further open up its financial sector and experiment with financial reform in certain regions to better serve major strategies for regional development, officials said.

China will expedite new infrastructure development, including information networks, in an effort to boost industrial growth and upgrade consumption. The decision was made on Tuesday at the State Council's executive meeting chaired by Premier Li Keqiang.

China will strive to minimize the impact of the novel coronavirus on the country's poverty alleviation drive and ensure that it will achieve the goal of eliminating poverty by the end of this year, a senior poverty alleviation official said on Tuesday.