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China's financial authorities released a notice on the disposal of corporate bond defaults on Friday in an effort to resolve financial risks and step up punishment for debt evasion and other illegal activities in the country's bond market.

China's large-scale work resumption efforts had helped exporters restore at least 70 percent of their production capacity by the end of March, said the Ministry of Commerce. But many now worry that new setbacks could emerge and even linger as existing overseas orders are canceled and new orders fail to materialize.

China's economy ended on strong footing with a better-than-expected growth rate of 6.9 percent in 2017. Official data showed an improved economic structure, with new growth drivers emerging and outdated capacity fading.

China's efforts to control air pollution will provide a new impetus for economic growth, with investment opportunities of 20 trillion yuan (.2 trillion) in the coming 12 years, according to a report by an antipollution industry group.

China's development brings great opportunities to the world. In economic areas, the globalization of Chinese companies brings many opportunities to other countries, and to global companies like 3M.