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To deal with the external challenge, analysts said the two sessions－the annual meetings of China's legislature and top political advisory body, to be held in late May－will unveil a stimulus package focusing on expanding domestic demand and rescuing hard-hit sectors.

To cope with the restrictions, experts said Huawei has stocked certain crucial components, including processors for smartphones and 5G base stations. Huawei did not disclose details, but experts estimate that such stockpiles could last at least until early 2021 and possibly through most of next year.

To avoid excessive money issuance, commercial institutions should set aside provisions equivalent to their digital money holdings, he said.

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To better satisfy consumer needs, International SOS tailor-makes service for the market. For example, there is a full-fledged team that speaks Chinese and provides localized services, according to Gosset.

To enjoy the perks of such services, customers must first activate the brands' virtual membership card via WeChat, China's most popular chat-to-payment app, and allow for facial payment.

To emulate other successful forerunners in the world, the Shanghai free trade port should "have little restrictions on the category, prices and quantities of goods imported and exported," said Yin Chen, a researcher of free trade zones at Fudan University.

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To counter the economic slowdown, especially in the first quarter, the Chinese government is expected to introduce a raft of measures to provide liquidity and credit support to the economy, especially to those business owners severely hit by the epidemic, Lu said.

To carry out the reform, it is essential to take strengthening the Party's overall leadership as the overarching principle, take modernization of state system and capacity for governance as the guidance, and take enhancing efficiency and optimization of Party and state institutions as the focus of efforts, it said.

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To achieve these targets, Beijing has launched 37 measures to tackle air pollution this winter, involving various sectors including energy, industry and transportation, and has installed an emergency response system to deal with heavy pollution, the bureau said.

To accelerate the process, he called for more young people in Macao to seek development opportunities on the Chinese mainland-a much vaster market. Whether to expand businesses, or simply get firsthand experience in the nation's development, going to the mainland is sound strategy, he said.