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He also stressed efforts to properly relocate affected people and promptly allocate relief supplies to ensure basic living standards of people hit by floods.

China and Saudi Arabia have always been supporting one another on issues concerning each other's core interests, upholding fairness and justice on the international stage, and unswervingly safeguarding the common interests of the two countries and other developing nations, Wang said.

The newly increased funds should be funneled into manufacturing and the service sector, especially smaller companies therein, to provide the much-needed relief to enterprises in times of hardship. The funds are also expected to make financial institutions more motivated and better equipped in serving the needs of smaller firms.

China regards Costa Rica as an important partner in carrying out anti-epidemic cooperation in Latin America, and has donated supplies of epidemic prevention to Costa Rica and held video conferences to share experience in fighting the epidemic, Xi said.

The upcoming China-EU summit also comes at a time when the leadership of the World Health Organization (WHO) in the global fight against COVID-19 has been undermined by U.S. withdrawal from the UN agency.