China stands ready to work with the international community to effectively curb the spread of the pneumonia cases caused by a new strain of coronavirus to uphold global health security, President Xi Jinping said on Wednesday.

Stabilizing home prices and promoting rental housing will be the focus of the Chinese government in the property sector from the central to the local level this year, as part of efforts to further improve people's livelihoods.

The outlook for China's A-share market remains positive for the year ahead, despite uncertainty surrounding the new coronavirus outbreak causing market instability in the short term, analysts said.