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"Energizing the market is a key step in countering the downward economic pressure. We will continue with the tax cuts and reform of government functions for a better business environment in China," Li said.

"Even if sales to China resume, the additional demand may not do much for prices because world supplies are expected to end the 2018 marketing year at an all-time high," Knorr said.

"Early detection helps to reduce the spread of the virus and to flatten the curve. Speeding up diagnosis time from hours to minutes with a 98 percent accuracy rate, is a powerful tool for treating, monitoring and management of the disease," said Huawei South Africa CEO Spawn Fan.

"E-commerce has played an important role in helping rural areas get out of poverty," said Kong Fusheng, deputy director of the Department of Market System Development at China's Ministry of Commerce.

"During the recent years, we have geared up to push the integration of big data and the real economy for governmental, commercial and civilian use," Li said.