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"For several weeks, the number of cases reported each day in the Americas has been more than the rest of the world put together," he said.

"Good factors" in the West involved advanced technology, economy, freedom and equality. Scholars from the East and West had always held that "good factors" were inherent in the West, but in fact they all originated from Confucius' philosophy and Confucian culture that moved westward, he said.

"Grain output reduction may hold back increases in farmers' income, given the reduction in fields sown in the short run," Li said. "But in the long run, the policy change will benefit farmers" because China will increase transfer payment funds to the countryside and put more fiscal resources in its poverty-reduction campaign, both of which will raise farmers' incomes.

"Further opening-up will not only help lift China's role in the global value chain but will also allow the country to better participate in the global governance which is crucial for the development of the global economy," Cheng said.

"For example, profitable companies such as the Beijing-Shanghai High-Speed Railway Co Ltd can go public and become financing platforms for China Railway," he said.