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It is expected that the country will meet its annual target to help businesses save 1.5 trillion yuan, Liu added.

The total number of domestic tourists nationwide is previously expected to reach 550 million during the holiday, while statistics from the Ministry of Culture and Tourism showed that a sizable 618 million domestic tourist visits were made in the first seven days, generating overall tourism revenue of 454 billion yuan (about 66.9 billion U.S. dollars).

During the Oct. 1-8 period, a total of 379 million highway passenger trips are expected, with the average daily passenger trips to reach 47.37 million, down by 30.93 percent from the same period last year.

"In a pandemic situation, you need collaboration, you need multilateral support coming together to fight these things," said Allan Gabor, president of Merck China.

Zhang said the world today is at a critical juncture with major challenges. UN member states have just commemorated the 75th anniversary of the United Nations. World leaders have called for solidarity and cooperation in fighting COVID-19 and addressing other global challenges.