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"Due to demand, we started opening regional branches in 2015," said Chen Kai, president of the Beijing Sunny Senior Health Fund, which founded the center with the China Aging Development Foundation in 2013 as a charity project.

"During the most severe period of COVID-19 in the first quarter and after the Chinese New Year, the top three airlines lost about 100 million yuan each per day. But since the second quarter, things have improved thanks to the effective measures to contain the contagion in China," said Chen Zhuo, a senior analyst with China Merchants Securities.

"Feeder ships for regional transportation have to wait for a berth to reach their destinations, which is a waste of time and money," said Zhou Dequan, a research director from the Shanghai International Shipping Institute.

"Dual circulation", China's new development pattern, will help expand domestic demand and improve productivity based on creative reforms, experts said at a seminar organized by the China Center for International Economic Exchanges, a national-level think tank.

"Faced with the mounting downward pressure of the economy, it is important for the government to shore up the confidence of entrepreneurs. To enable their further participation in policy making will help ease their worries," he said.