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As the coronavirus spreads, the global community needs to constantly work together to counter the virus, he said.

As reverse repos worth 110 billion yuan matured on Wednesday, the PBOC effectively withdrew 70 billion yuan of funds from financial institutions.

As the economy maintains stable growth with improved structure and higher quality, the consumption market will keep its growth momentum in the future, it said.

As the area is also regarded as a vanguard in economic cooperation with Southeast and Southern Asia, its bond products are expected to provide more accessibility to these regions and countries.

As the world economy still faces uncertainties and challenges from unilateral actions by other nations, weak investment and unstable financial markets, countries in Northeast Asia are having difficulties boosting exports and creating jobs even though many have mature manufacturing systems and strong domestic purchasing power to mitigate risks, said Huo Jianguo, vice-chairman of the China Society for WTO Studies.