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As there is a "large amount of funds" coming due when the markets reopen, the People's Bank of China, the central bank, will inject sufficient liquidity in a timely manner to maintain reasonably ample liquidity in the banking system, said a statement on Tuesday.

As the epidemic situation eases, Zhang is delivering fewer heavy goods but more takeout food.

As the former vice-president of the China Micro-Credit Companies Association, Bai noted that many banks are less capable than microcredit companies in terms of customer acquisition and risk identification when they are dealing with farmers, small enterprises and individually owned businesses. In her view, the government should encourage large and medium-sized commercial banks to collaborate with microcredit companies in promoting financial inclusion.

As the fixed-income research team of CICC predicted, there is high possibility for the global interest rate to hit another historic low. Global capital has been withdrawing from risk assets and flowing into the bond market. In this sense, the Chinese bond market which promises higher yields is more attractive to investors.

As the virus continued to spread and claim lives around the world, California on March 19 issued a shelter-in-place order, while Washington and Oregon both followed suit on March 23 to request citizens to "stay home" while shutting down schools and nonessential business.