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To further drive innovation, nearly 50 percent of the polled companies said they would seek external tie-ups in the next three years, including working with startups and even competitors.

To cushion the impact of the novel coronavirus outbreak, China has ramped up financial support, including subsidies and loans, to major pork-producing counties in a bid to encourage hog production.

To brace for the delivery peak, 10 major e-commerce enterprises have stored up manpower and improved their express network in advance, with nearly 20,000 sorting and delivery personnel and more than 7,000 vehicles added in the city.

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To further address difficulties in work resumption, the PBOC will give priority to small and micro firms which have less resistance against the epidemic fallout, it said.

To further deepen the reform and opening-up, Guangxi is expected to further integrate into the Guangdong-Hong Kong-Macao Greater Bay Area, which will feed the region's economy with investments and advanced technology, Lu said.

To ease private firms' financing difficulties, the country will make it easier for them to raise funds via bond issuance, especially the enterprises with good credit and stable performance, and those who support industrial upgrading and regional development, Meng Wei, spokesperson of the National Development and Reform Commission, told a press conference.

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To foster a sustainable development of the manufacturing sector, China should strengthen education efforts to nurture high-skilled workers, through learning from the apprenticeship system in Germany, boost the number and the quality of technical schools and other measures, Yang said.

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To continue the stable trend, the ministry pledged efforts to strengthen trade quality over the next year.

To avoid risks, China must keep developing other international markets through a variety of channels, such as the development of industrial, investment and service cooperation with economies such as Japan, South Korea, the Association of Southeast Asian Nations and the European Union, said Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges.