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The central government has allocated 17.09 billion yuan including a special fund of 5.7 billion yuan for epidemic control and prevention which covers the subsidy of 1.8 billion yuan for Hubei province, the epicenter of the novel coronavirus epidemic, and funds of 9.95 billion yuan for basic public health services.

The center is said to be the first in the country to use robots to help treat children with autism.

The central government could establish some new national equity funds to inject capital into infrastructure projects. As State-owned institutions would become shareholders, instead of creditors, the local governments' debt level could be controlled, said Ming Ming, chief fixed-income analyst at CITIC Securities.

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The city aims to upgrade several industrial sites and develop high-quality souvenirs for tourists.

The central issue is not only the large particles that are inhaled but more importantly the very fine particles that are less than 2.5 microns in diameter (PM 2.5), he said.

The city's total online retail sales during the shopping festival reached 255.1 billion yuan, up 23.5 percent year-on-year. Livestreaming has not only prevailed on online platforms but also helped to boost the sales of physical stores. More than 290,000 livestreaming shows were staged during the two-month shopping festival, which translated into at least 950 million views, according to the commission.

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The city of Songyuan is the worst-hit area. It has received only 3.8 mm of rainfall, down 90 percent from average levels.

The central bank will play a dominant role in terms of financial regulation, leading the coordination work with three other special regulatory committees of banking, securities and insurance, Wang said.

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The central bank is likely to increase the use of such structural tools rather than flooding the economy with liquidity in order to improve the efficiency of the monetary policy transmission mechanism. The measures can also provide credit directly to the real economy, said Yan Se, chief economist at Founder Securities.

The city reported 125 new cases on Saturday, bringing the city's COVID-19 cases tally to 3,397. The financial hub also recorded 31 deaths from the virus.