The country vowed to provide necessary financial support for private companies that defaulted on corporate bonds because of tight cash flows but were still industry leaders, large employers or in emerging industries, according to Meng.
The controversy is hardly new, nor does it concern Africa alone.
The country sold a total of 1.958 million vehicles last month, down 6.9 percent year on year, data from the China Association of Automobile Manufacturers (CAAM) showed.
The country's Senators, Sherwin Gatchalian and Nancy Binay, also announced their decision to go into self-quarantine after a resource person they attended on March 5 tested positive for COVID-19. Both senators also asked their staff to be self-quarantined.
The coronavirus outbreak will have an impact on the world-leading food company Danone's sales and margins in the first quarter, which the company currently estimates at around 100 million euros in lost sales, mostly in its water businesses.
The concern lies with other countries where the pandemic is not yet contained. This will continue weighing on global supply chains, and if the contagion lingers for an extended period, it will affect the production of Chinese consumer electronics companies, Xiang said.
北京感觉四肢无力休息不过来
The country saw stable housing prices last year amid government control policies under the principle of "houses are for living in, not for speculation."
The country will continue to implement a proactive fiscal policy and prudent monetary policy, according to the annual Central Economic Work Conference held this month.
The country had 958,000 people living with HIV/AIDS by the end of October, it added.
The contract for settlement in December 2020 closed 0.14 percent higher at 98.64 yuan. The contract for settlement in March 2021 closed 0.16 percent higher at 98.26 yuan.