The Chinese government is mobilizing billions of yuan to aid those affected by the novel coronavirus outbreak and assures that ample economic levers are at hand to handle the epidemic impact.
When some industries in China have been put into temporary stagnation due to the sudden coronavirus epidemic outbreak, the country's booming digital economy, however, is playing an increasingly important role in hedging economic risks and uncertainty.
Chinese tech giant Tencent has ratcheted up its financial support for novel coronavirus outbreak control amid business community's efforts to fight epidemic.more
Foxconn Industrial Internet has succeeded in its trial production of masks and is currently applying for product certification amid coronavirus outbreak.more
After setting a record of 1.2 trillion yuan in one-day open market operations on Monday, People's Bank of China continued to release 500 billion yuan of liquidity via reverse repos on Tuesday.
China's fast-growing aviation industry is playing its part in facilitating the prevention and control of the novel coronavirus outbreak.
Food delivery is in high demand in China as people try to avoid human contact amid a fight against raging novel coronavirus outbreak, and service is also evolving to reduce contagion risks.