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"China's M2 growth is slightly lower than nominal GDP growth, but we should monitor more indicators, such as prices and jobs, to see whether liquidity is tight," he said at a press conference during the ongoing first session of the 13th National People's Congress.

"China's macroeconomic policy tools are adequate," Sheng Songcheng, former head of the statistics and analysis department at the People's Bank of China, the country's central bank, told China Daily on Sunday. "Proactive fiscal policy will play a major role, while prudent monetary policy will be used to coordinate the fiscal policy."

"Countries with limited health care capacity and resources will need international aid to prepare for and weather the pandemic," Kang said. "The health emergency is a powerful reminder of the need for policy coordination and solidarity in an interconnected world," he said.

"Chinese companies have become very active investors in US startups in recent years," Xiang said. "Meanwhile, China's tech products and services, such as Huawei's smartphones, are of good quality. It is different from trade behavior such as dumping uncompetitive products. Such restrictions lessen consumers' choices when purchasing goods."

"China's interests have been seriously damaged," the MOC said.