No new virus cases reported from Wuhan

The Chinese city of Wuhan, where the first reported case of the new coronavirus emerged, on Saturday reported no new or suspected cases again for a third consecutive day.

Wuhan must go 14 straight days without a new case in order for draconian travel restrictions to be lifted.

China currently has a total of 81,008 cases and 3,255 deaths.

A total of 71,740 people have been declared cured and released from hospital.

China's Ministry of Finance said the country's local governments will increase special bonds in 2020 to stimulate the economy, which is set to shrink with the impact of the epidemic.

Song Qiuling, a senior inspector with China's Ministry of Finance, said 1.848 trillion yuan ($264 billion) more local government bonds will be issued this year, most of which will be special bonds for infrastructure projects.

For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough.

For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia.

The vast majority of people recover from the new virus.

According to the World Health Organization, people with mild illness recover in about two weeks, while those with more severe illness may take three to six weeks to recover.