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Another report by World Economic Forum said that China's innovation-friendly atmosphere and not consumer-focused traditional finance sector boosted such a remarkable development.

Another problem seemed remote but has to be considered in an early phase. If the digitalization and capitalization of the global industrial chain become a development trend, then the distribution of national income will also be more inclined to capital than laborers.

Apparently, Beijing, Shanghai and Guangzhou, known as the traditional "first-tier" cities, have been losing their absolute predominance in attracting talent.

Another SOE involved in building key infrastructure is CCCC Tianhe Mechanical Equipment Manufacturing Co, a unit of Beijing-based China Communications Construction Co Ltd. The SOE reported on Monday that it had excavated more than 200 meters of tunnels via using its self-developed tunnel-boring machine, or TBM, in the construction of a 22-kilometer-long expressway tunnel, the longest of its kind in China, at Shengli Tunnel project in the Tianshan Mountain area in the Xinjiang Uygur autonomous region.

Anyone entering or exiting ports and airports should have their temperatures checked and strict inspections will be carried out on people with symptoms, those from regions severely hit by the virus and those who have had contact with confirmed patients, he said.