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Chinese entrepreneurs are expected to play a more significant role in driving the Chinese economy's development against the backdrop of slowing world economic growth and anti-globalization sentiment, said a top executive Wednesday.

Chinese colleges are also offering professional courses, and social institutions are developing more vocational training programs related to this new occupation, according to Ye.

Chinese laws stipulate that a copyright takes effect upon a work's creation, and the protection of that work should begin immediately, "but it'll still be hard for the work's creator to prove he or she is the copyright owner when plagiarism happens, especially in this internet era where information is easily falsified or eliminated," she said.

Chinese banks will no longer be the financial source for domestic companies to buy sports clubs, hotels, entertainment and real estate businesses abroad－as the country reforms its outbound direct investment policy to ward off risks－according to analysts.

Chinese authorities are expected to use monetary tools and strengthen government spending to slow the weakening of economic activity due to the novel coronavirus outbreak, and to ensure ample liquidity to prevent a sharp sell-off when financial markets reopen on Monday.