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"The 2008 financial crisis had a huge impact on Yiwu enterprises and we began to realize that we couldn't rely on one big client or a single market," said Long Xijin, a marketing manager in Yiwu.

Li was briefed on the country's production and supply of key medical materials, including protective suits and masks. The daily production capacity of masks nationwide may exceed 100 million as additional production lines will become operational in the near future.

To begin with, the history of human progress has shown that free trade and open markets have been a proven formula to boost growth and generate wealth worldwide. Isolationism and protectionism, as shown by the International Monetary Fund's repeated slashing of global growth forecasts, are only counterproductive.

BEIJING, Feb. 12 (Xinhua) -- As it advances epidemic control with all-out efforts, China will enhance macro-economic regulation, and step up production, allocation and supply of key materials, to maintain social and economic progress.

Noting China's transformation to high-quality development in urbanization, Han stressed sustainable urban development, emphasizing renovation of old residential areas in urban renewal and further advancing waste sorting.