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And economic losses valued at more than 400 million yuan have been retrieved, Wu said.

Ang forecast that the department might need to repatriate 400,000 Philippine workers this year as the pandemic weighs on the global economy. He also sees remittances falling by as much as billion this year.

Analysts said the sales momentum is an indicator of the healthy rebound in domestic demand as well as a sign that infrastructure projects are increasing amid accelerated work and manufacturing resumption across the country. The government's effective measures to contain the spread of COVID-19 epidemic and the orderly resumption of business will continue to buoy demand in the long run, they said.

Analysts said the moves will effectively tame the new debt expansion. Measures which are "too aggressive" may stimulate unexpected risks including a break in the financing chain or bond defaults, so the debt reduction process should be "step-by-step".

Angry netizens responded by leaving messages on Yang's social media account, while China Women's News, the official paper of the All China Women's Federation, accused her of poisoning minds, selling lies and challenging society's mainstream values.