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"Hasty trade remedy measures will not help solve the problem," Wang said, urging joint action from countries involved to stabilize the global economy.

"Given the still low business resumption rate, the first quarter's growth may be hit hard."

"For portfolio investment, it will refer to the opening-up of the financial market. To that end, the domestic stock market and the debt market will be further opened up. Local residents will be able to realize their asset allocation in a wider area," he said.

"For China I think our default plan will be to use essentially a loan from local banks in China and fund the (Gigafactory) in Shanghai with local debt," Musk said, according to a report by Reuters.

"Green and low-carbon development is key to the industry's high-quality development, and in the past few years, we have made considerable progress," He said during a forum held in Beijing by the China Metallurgical Industry Planning and Research Institute.