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Analysts said the measures are set to strengthen the financial markets' ability to bolster economic growth, while the induced risks shall be controllable.

Andrew Kam, director of Savills Shanghai Valuation, said developers are also factoring the exchange rate between the yuan and other currencies, and the interest rate in overseas markets when raising funds in those markets. Financing costs could be somewhere between 2 percent and 3 percent in some markets.

And Dr Deborah L. Birx, the White House's coronavirus response coordinator, gave the city more bad news at Trump's news conference Monday evening: The rate of infection showed that the virus has been spreading in the New York City metropolitan region for weeks.

An unblocked and reliable recycling channel should be established, and ways to identify reliable traders determined, Xiong added.

An ongoing battle between two major air-conditioner manufacturers is heating up as a key retail promotion gala approaches on Tuesday.