The market, amid fears of the outbreak spreading all over the world, expected the Fed to continually cut rates to cushion the economic blow. The next cut may come later this month after the Federal Open Market Committee's regular meeting, said analysts.
The meeting urged to win the battle against poverty and secure the basic living conditions of people in straitened circumstances, mapping out major poverty alleviation tasks for 2020.
The ministry said that gaming, system tools, audio-visual players, networking and communications applications were the most popular, with each having been downloaded more than 200 billion times in 2018.
The ministry attributed the continued momentum to rising prices at the factory gate, a firming economy, and recovering exports and imports.
The meeting was held by the Ministry of Housing and Urban-Rural Development, the Ministry of Land Resources and the People's Bank of China.
The measure was in synch with Xi's war against poverty, which he termed "targeted poverty alleviation", i.e. ensuring that right measures are taken at the right time in the right way in accordance with the situation.
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The meeting was attended by the foreign ministers of the three current African members of the Security Council, and the incoming African members -- Niger and Tunisia.
The market value of those listed in the United States accounted for 57 percent of the total market capitalization. Worldwide, nine Chinese firms, including Alibaba and Tencent, ranked among the 30 largest internet-based companies in market value, with their combined share exceeding 30 percent for the first time.
The ministry said the quotas will be allocated in batches and the volume could be adjusted in the process.
The ministers urged all 16 nations involved to address the "specific sensitivities" while working toward achieving "commercially meaningful and balanced outcomes".