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China has been implementing the supply-side structural reform to address outstanding issues like excess capacity, housing overhang, and "zombie" State-owned enterprises (SOEs) with poor profitability.

China has also made a priority of not allowing the virus to delay the goal of eliminating extreme poverty by the end of the year. The central government has allocated 113 billion yuan (.9 billion) and other levels of government have allocated 200 billion yuan for poverty relief this year. Special mechanisms have been set up to assist poor regions and migrants from poor households.

China has become the world's largest market for cross-border e-commerce, ringing up a 30 percent annual growth rate in the past few years. About 200,000 small and medium-sized businesses are involved in cross-border e-commence through different platforms with total transactions exceeding 0 billion, said Long Yongtu, former vice-minister of the then Ministry of Foreign Trade and Economic Cooperation.

China has increased the subsidy for recycling e-waste－discarded electrical and electronic devices－by more than 300 percent year-on-year as it phases out the importation of overseas waste, which decreased last year by 12 percent.

China has been educating its next generation to prepare for unexpected events or potential risks. And it seems there is no curriculum more cogent than the reality that reflects the old saying, "Bring an umbrella on a sunny day; save food when you are full."