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"China's gifting culture is also different from other markets. In China, a lot of products we sell are used for gifts. This is not a big trend in the Western markets, where more products are for personal use, so we have adjusted our portfolio to fit Chinese consumers in these areas," he said.

"China's growth model, despite foreseeable headwinds, has been evolving constantly, including further opening up in attracting international capital and deepening financial market reforms," she said. "We expect China to adapt to current challenges and stabilize growth with corresponding policy supports."

"Concentrated observation of them is needed because if they instead returned home for self-quarantine, there would be great risks of cross-infection among families," said Deputy Director Pang Xinghuo, of the Beijing Center for Diseases Prevention and Control.

"Clinical institutions, scientific research institutions, teaching institutions and other professional institutions should actively participate in health promotion actions and prevention of birth defects, and provide the whole society with methods to prevent birth defects," Han said.

"Currently, financial risks are one of the most prominent and major type of risks in China … The country is still facing relatively huge pressure for a possible rebound in nonperforming loans, and the inventory of shadow banking activities is still fairly large, with frequent occurrence of law and regulatory violations," said Xiao Yuanqi, chief of the prudential regulation bureau of the China Banking Regulatory Commission, at a news conference on Friday.