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Berger noted that the People's Bank of China has ensured ample liquidity in financial markets and for banks, lowered policy rates, and worked hard to channel credit to firms under pressure and to facilitate the production of medical supplies. "This is the right approach," he said.

Besides first-tier cities like Beijing, Shanghai and Guangzhou, second- and third-tier cities are also seeing the rising popularity of Airbnb among their millennials, he said.

Besides working voluntarily to guard the dike, Xia is a safety supervision manager at a construction company in the city.

Besides, for consumers, the central bank's digital currency can also be used for credit card repayment, buying wealth management products, borrowings and utility payments. For businesses, the application scenarios include supply chain financing and insurance services, said Shen.

Besides that, public facilities such as airports, high-speed railway stations, and big subway stations could install the Automatic External Defibrillator, a device that proves effective and easy to use in saving the lives of people suffering heart attacks. All one needs is to pick it up and follow the instructions.