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Challenges ahead

Castella pointed out that one of the reasons why GF has been around for close to two centuries is the company's commitment to keeping up with the changes in the industrial landscape. As part of efforts to stay ahead of the curve in the fourth industrial revolution, GF has been working with key universities in the world to develop more intelligent products and processes. The company also intends to bring these cutting-edge technologies to China, Castella added.

Chang said the average age of the 100 patients received by medical workers from Beijing Hospital in Wuhan was above 60, which created more challenges for the staff.

Chemical plants' hours of operation were squeezed during winter's heating season, when their production was suspended to reduce their impact on air quality, Zhang said.

Central bankers in the United States, European Union, Japan and Oceania have had a change in mood in the past month, given worries that a too tight monetary environment may not cushion their economies from shocks from trade tensions, Brexit and financial vulnerabilities. They sounded the alarm over global uncertainties after the International Monetary Fund downgraded its forecast of the world’s economic growth in January.