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As the global financial conditions have tightened abruptly with the onset of the COVID-19 pandemic, China can offer yuan liquidity to the global market, through expanded overseas investment, increased cross-border lending, increased imports and offshore yuan deposits, said Tu Yonghong, deputy director of the international monetary institute under the Renmin University of China in Beijing.

As we have seen in every stock market around the world, no regulatory system is perfect. But China's new securities law revision will be a big step toward ensuring that capital flows to the most productive companies in the real economy and that investors are protected.

As the largest trading partner with Egypt, China is also the largest importer of Egypt's marble and granite, followed by Libya and Saudi Arabia.

As the pandemic spreads in the United States, Baker's administration has been concerned about the state's mask supply, and about two weeks ago, he had struck a deal to acquire more than a million masks from Chinese manufacturers.

As the world's largest developing country, China will fulfill its pledges meet its emissions target by 2030, he said.