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China's policies have largely focused on controlling the epidemic, promoting economic growth and easing financial difficulties of small and medium-sized enterprises, said Sheng. "The US Fed has said its aim was to facilitate credit and prevent short-term disruptions from turning into long-term recession."

China’s foreign trade is expected to maintain its momentum this year, since the government already lowered the value-added tax on imports as well as taxes on vehicles and auto parts, medicines and consumer goods earlier this year, said Sang Baichuan, a professor of international trade at the University of International Business and Economics in Beijing.

China's western provinces and regions saw the fastest disposable income growth in the first half of this year, according to a report by 21st Century Business Herald.

China's traditional northeastern industrial heartland is on course for a revival in its fortunes as local governments take measures to restructure the local economy through upgrading heavy industry and cooperating with more developed coastal provinces.

China's volunteer rescue force has been developing very rapidly in recent years, especially after the devastating magnitude 8 earthquake in Wenchuan, Sichuan province in 2008. According to the Ministry of Civil Affairs, there are over 1,200 civilian rescue teams in the country.