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"Countries with limited health care capacity and resources will need international aid to prepare for and weather the pandemic," Kang said. "The health emergency is a powerful reminder of the need for policy coordination and solidarity in an interconnected world," he said.

"Chinese is one of the most widely spoken languages in the world," the university's vice rector for foreign relations Subhan Namazov said at a ceremony, which was attended by students and a delegation of the Confucius Institute.

"Compared with the approval system currently adopted by the A-share market, the registration system will rely more on the market to judge the value of listed firms. This means related provisions must be revised to ensure investors are well-informed," Wang said.

"Chinese tourists remain Australia's biggest spenders, pumping a record .4 billion (.17 billion) - a 14 percent increase from last year - into the economy," Australian Minister for Trade and Tourism Steven Ciobo said in a media release on Wednesday.

"Chinese companies are differentiating themselves from other US-listed Chinese equities. In fact, Alibaba has even appreciated about 30 percent year to date. What this means is that investors are being selective. They see more potential in some firms compared to others. They are not lumping all of these companies in the same basket," noted Alejandro Ortiz, lead research analyst for SharesPost Inc.