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Apart from giving a hand to companies at home to raise their export volume, Zong Changqing, director-general of the ministry's department of foreign investment administration, said China will help foreign companies resolve issues such as organizing work resumption, logistics, gathering sufficient production material, and items for epidemic prevention and control to restore their earnings strength.

Apart from seeking for more business growth drivers in China, foreign banks are also eyeing more opportunities for doing business with Chinese companies overseas as an increasing number of the firms are expanding their global footprint, especially in the economies participating in the Belt and Road Initiative.

Annually, about 20,000 units are exported to Vietnam, accounting for 40 percent of the company's total export volume, the company said.

Another policy recommendation is easing credit to help households smooth their consumption and help firms survive the immediate shock, the report said.

Another central government policy, giving Hong Kong and Macao people equal access to the mainland's housing fund, has also been implemented in Qianhai, Shenzhen, according to Witman Hung Wai-man, a Hong Kong deputy to the 13th National People's Congress.