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"By issuing a certificate of deposit, we can give full play to advantages of the interbank bond market to provide low-cost funds in support of the production and operations of businesses actively participating in containing the novel coronavirus outbreak and securing livelihoods. At the same time, we can also ensure the real economy will run steadily," said David Liao, president and CEO of HSBC China.

"China has supported an IMF training center to help improve the debt management capacity of countries involved in the BRI, and China's Ministry of Finance has agreed with major multilateral financing institutions to establish a new cooperation platform," the report said.

"But thanks to many kindhearted people, especially overseas Chinese, the lifesaving journey ended in success," Lu said.

"China imports a large amount of consumer products, so if the yuan depreciates, the country will have a problem of imported inflation, which means inflation due to higher prices for imports. Moreover, as many top Chinese companies have issued debts overseas, any yuan depreciation will trigger an increase in their debt levels," he said.

"China Development Bank has offered real economy funds totaling 16.6 trillion yuan for the past five years," said Chen. "Our non-performing loan ratio was lower than 1 percent for consecutive 49 quarters, showing that we have a world-leading risk control capability."