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China's transportation authorities have stepped up efforts to to ensure the smooth flow of traffic and the delivery of medical supplies to combat the viral pneumonia outbreak.

China's three major telecommunications carriers－China Mobile, China Unicom and China Telecom－are ramping up efforts to monetize the flood of data running through their networks.

China's rural population living under the poverty line-less than 2,300 yuan a year, or slightly more than a day in 2018 values-decreased from 770 million in 1978 to 16.6 million in 2018, and the life expectancy of Chinese people has jumped from 35 years when New China was founded, to 65 by 1980 and 77 last year, according to the white paper.

Chinese President Xi Jinping, in a video speech at the China International Import Expo (CIIE) in Shanghai on Wednesday, called on all countries to safeguard the multilateral trading system, improve the rules of global economic governance, and build an open world economy.

China's policymakers have rolled out a raft of measures to cushion the COVID-19 shock. In addition to pumping liquidity into the market and cutting interest rate, China's central bank announced a decision last week to cut the reserve requirement ratio (RRR) for small and medium-sized banks by 100 basis points in its latest effort to bolster the real economy amid the novel coronavirus outbreak.