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As early as mid-March, the first wave of the COVID-19 outbreak in Italy sounded an alarm to China to boost the development of a Health Silk Road, which aims to expand and strengthen cooperation among countries in Europe and across the world in the field of health.

As a result of the vocational education and training, the social environment of Xinjiang has seen notable improvements, with a healthy atmosphere on the rise and improper practices declining, Shohrat added.

As US consumer demand for daily necessities will not change simply by raising the costs of imported products, the United States will either continue to import from China or it will import from Vietnam, India and other countries where prices are already higher. The result will be the same: US consumers will pay more for the same products, Lin said.

As a major source of cultivating new growth drivers, SMEs have played an important role in promoting economic growth, increasing jobs and stimulating innovation, says the white paper released by authorities including the People's Bank of China and the China Banking and Insurance Regulatory Commission.

As curbs eased over the years, issuances grew gradually and peaked in 2016 at 130 billion yuan, up from a paltry 13 billion yuan in 2015 and just 2 billion yuan in 2014, according to Wind Info, a Shanghai-based market data provider.