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As the world's biggest energy consumer, China cut its 2005 carbon intensity level by 46 percent in 2017, three years ahead of its goal of 40-45 percent by 2020, and the country's GDP grew one and a half times from 2005 to 2017, said Xie Zhenhua, China's special representative on climate change affairs.

As the medical budget has increased, the supervision should also be strengthened to prevent fraud and ensure that funds are used in places where the need is most urgent, he added.

As the markets may need a lot of funding when they re-open, "the PBOC will use monetary policy tools, such as open market operations, to inject sufficient liquidity in time, to maintain reasonably ample liquidity in the banking system," the statement said.

As the world's largest developing and developed countries, China and the United States are highly complementary in economy, Luo said.

As the opening up of China's bond market brings more favorable policies, foreign investors are expected to invest more in yuan-denominated bonds, said Industrial Securities in a research note.