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As the coronavirus has come under control in China, Yu said the carmaker's sales are recovering. Deliveries in April were level with same period of 2019 and sales were growing in May.

As the epidemic is largely a regional and short-term event, the preparations for the 127th China Import and Export Fair are proceeding as planned. The fair is scheduled to start on April 15 in Guangzhou, Guangdong province, according to the event's organizer.

As the capital city with a population of over 21 million, Beijing's disease prevention and control force is insufficient, he said, calling for the further construction of disease prevention and control centers at all levels. The city will also beef up community health service centers.

As the pandemic so far is far worse than most people contemplated, "it means that many of the developing countries and emerging markets will be unable to pay what is owed. The initial response of the G20 was a stay, but the stay is not enough," said Joseph Stiglitz, a professor with Columbia University and a winner of the Nobel Prize in Economics.

As the central bank tries to avoid the excessive deceleration of the economic growth, China may see lower interest rates in the long run and therefore provide a solid foundation for bond markets. Bond prices go up when interest rates drop.