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Analysts said the Philippines has a strong fiscal position and they expect the government will use it to mitigate the impact of the pandemic on the country's economy. The Philippines' GDP contracted by 0.2 percent in the first quarter and the country's economic managers forecast that this year's GDP might decline as much as 3.4 percent－the first contraction in more than 20 years.

And Guangdong's imports and exports of cross-border e-commerce reached 7.95 billion yuan, a year-on-year increase of 33.4 percent, coming first in the country, the statement said.

Anhui province plans to invest 1.3 trillion yuan (4 billion) on 6,878 projects as a major measure to stabilize the economy, according to a press conference on Friday.

Analysts and industry players forecast mutually beneficial rise in China imports

And pandas have already settled into enclosures in Belgium, the United Kingdom, Austria, and Spain.