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"COVID-19 is a big threat to humanity and we all need to contribute to the joint fight in one way or another," he said.

"China is serious about further opening up and building stronger economic and trade ties with Africa," said Mark Greeven, professor of strategy and innovation at the Switzerland-based International Institute for Management Development. "While a lot of countries, especially the developed economies, are mainly focused on other parts like Europe and the United States, China seeks opportunities in emerging nations in Africa, something that will help Africa's inclusion in global trade routes."

"By making this adjustment, the regulator hopes that banks will fully expose their non-performing loans and truly disclose their risk situation with more accurate capital adequacy ratios and coverage ratios of allowance for loan impairment losses to NPLs. It will be favorable for them to write off and resolve bad assets," said Xiong Qiyue, a research fellow at the Institute of International Finance at Bank of China Ltd.

"China plays a very important role in the career of promoting soccer's globalization and its participation is indispensible," said Fatma Samoura, secretary-general of FIFA

"Canceling the related activities had no obvious impact on our revenue," Ge said.