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"For most of the past decades, the family planning policy was more restrictive and the related social and economic policies were designed to encourage fewer births," he said. "With the relaxation of the family planning policy in recent years, these policies need adjustment."

"Global institutional investors would no longer have the option of staying away from China's markets if they wanted to achieve above-benchmark returns," Liu said. "China's capital market reforms in the next five to 10 years are reshaping global asset allocation."

"Fiscal policy has advantages compared with the monetary policy, as it can be targeted and temporary, with a short lag. Thus, fiscal policy is more appropriate and should play the lead role in dealing with the one-off short-term impact of the epidemic," said Zhang Bin, a senior researcher of the China Finance 40 Forum, a think thank.

"Fiscal policy may not be constrained by the pressure of fiscal balance or the standard of fiscal deficit, which means bond issuance is necessary when it is required (by the economic situation)," said Ming.

"For many years, we have been committed to promoting cross-Straits personnel exchanges, boosting exchanges and cooperation in various fields, and taking pragmatic measures to improve the well-being of people across the Straits," Ma said.