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China has held fast to its desire to further integrate its market into the global economy. The latest set of measures to further liberalize the capital markets reinforces that desire.

China has made its stance clear in terms of addressing the trade imbalance with the United States, said Zhu. China does not intentionally pursue a trade surplus with the United States but is willing instead to balance bilateral trade, said the official.

China has huge potential in new infrastructure and the country welcomes South Korean companies to take an active part in the construction of information infrastructure, integrated infrastructure and innovative infrastructure, said Chinese ambassador to South Korea Xing Haiming at an online seminar attended by South Korean companies.

China has mobilized national resources to cope with the biggest public health crisis over the past 70 years. More than 78,000 confirmed cases of the novel coronavirus had been reported on the Chinese mainland as of Thursday, with nearly half of those patients having recovered, according to the National Health Commission.

China had 4,774 registered charities, among which 1,293 were qualified to raise funds from the public, as of Wednesday, said the ministry, adding that 206 foundations registered with the MCA had offered over 4.8 billion yuan of financial aid to poverty-stricken areas and people in 2016 and 2017.