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"China's development in power generation technology will (also) play an even bigger role in these economies' development, which is beneficial to the entire world," Yuan said. Cooperation between China and other Belt and Road Initiative economies is linked through development contracts and equipment exports. China has signed agreements involving 295 power projects with more than 40 countries in the past four years. These include coal-fired and hydropower stations in Southeast Asia, and wind farms and coal projects in South Asia.

"Companies hit by the coronavirus can get an allowance from the central government when they organize online skills training for their workers," he said. "Companies and workshops that hire people stricken with poverty or those having difficulties finding jobs will be given subsidies for no more than six months."

"Chongqing plays a critical role in China's economy, especially in manufacturing," said Li Gang, head of the Robotics and Motion Division at ABB China, at the launch ceremony.

"Chinese have made 250 million domestic trips, contributing 280 billion yuan (about .89 billion) to the tourism industry during this year's Spring Festival holiday from Jan 24 to 30, despite a 40 percent year-on-year decrease," he said.

"Compared with 2003, whether it's Hong Kong or other places, I think we're now in a much stronger position to contain the epidemic," said Ko, who was a director of the Hospital Authority and the city's acting chief executive in the final stages of SARS outbreak 17 years ago.