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As a result, the takeout sector has seen explosive growth, with the number of domestic users rising by 2.6 times in just 18 months, according to the center, the national organization for online businesses.

As for China's international presence, Jones said the nation "is now playing a global role as well as a regional role," which participants of the meetings are also expected to discuss.

As a measure to support enterprises hit by the epidemic, financial watchdogs, including the country's central bank and the banking regulator, said on Saturday they would tolerate a higher ratio of nonperforming loans in commercial banks.

As consumers stay at home for self-quarantine or to avoid infection amid the epidemic, they spend far more time with their smartphones. They have stronger demand to upgrade their devices that are relatively old or not performing very well, said Fu Liang, an independent telecom analyst.

As for the real estate market, policies against speculation in the city have been taking effect, and more work will be done to support the stable and healthy growth of the market, said the authorities.