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Chile has a nationwide nighttime curfew in place and has taken other measures to contain the outbreak, such as closing its borders, suspending classes, and closing non-essential businesses.

Chen Geng, chairman of Fashion Flying Group, an outdoor garment maker based in Fuzhou, Fujian province, said orders dropped by 50 percent in the first half of the year but Europe, its main market, was now on the road of recovery.

Chen Duanhong, a law professor at Peking University, said one of the highlights of the draft is that it clarifies the specific responsibilities shouldered by the central and local government. The HKSAR will be responsible for conducting daily national security work, especially case jurisdiction, whereas the central government will only handle very few special cases.

Chen was speaking at a forum organized by the China Europe International Business School and the China Chamber of Commerce in the UK. The event focused on providing insight for British companies looking to take advantage of China's growing consumer base.

Chen Zuoning, vice-president of the Chinese Academy of Engineering, said China has quite a few bright spots in consumer software, such as the social networking mobile app WeChat. The development cycle for this type of software is relatively short, and China has the world's largest market, which can fuel its growth.