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China upholds the vision of a community with a shared future for mankind in its fight against the novel coronavirus pneumonia outbreak and strives to contribute to safeguarding global public health while protecting the safety and health of the Chinese people, President Xi Jinping said on Tuesday.

China received 170.1 billion yuan (.1 billion) of charitable donations from home and abroad last year, according to a report released by the China Charity Alliance. The report, published Saturday by the alliance at the ongoing 8th China Charity Fair in Shenzhen, Guangdong province, said 109.2 billion yuan of the donations went to the fields of education, poverty alleviation and healthcare. The report said cash donations hit a record high of 104.4 billion yuan last year, up 3.64 percent year-on-year and accounting for nearly 70 percent of the total value of donations.

China supports the improvement of Africa's capability to independently maintain peace and stability, and supports the AU in better leading and coordinating transnational and trans-regional cooperation, he added.

China rebutted international rating agency Moody's downgrading of the country's credit rating on Wednesday, saying the company overestimated the difficulties facing the world's second-largest economy and underestimated the effect of its restructuring reforms and financial strength. Analysts said Moody's has been too pessimistic to appropriately assess China's debt management.

China spends less than 1 percent of its total information technology-related investments on cybersecurity. In the United States the amount is 15 percent, while in Europe it is 10 percent.