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"From the perspective of direct banks themselves, meanwhile, they don't have a clear strategic positioning, which results in overlapping of business with traditional banks."

"Having enacted dozens of national security laws itself, the US tries to interfere in China's national security legislation. Such a double standard has fully exposed the vicious intention of the US," the statement said.

"Global cooperation to synchronize monetary policy must be high on the agenda," he said, adding that money authorities can deploy variants of special lending schemes that aim at to lower the costs of borrowing. "If economic and financial conditions were to deteriorate further, policymakers could revert to the broader toolkit that was developed during the 2008 global financial crisis."

"Global cooperation is ever so important to deal with a truly global crisis," she wrote. "All efforts should be made to resolve trade and technology tensions, while improving the multilateral rules-based trading system."

"Foreign investors, who usually care more about long-term shareholder returns, such as return on equity and dividend yield, will help listed companies to focus on these areas," she said.