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Tariffs are not the approach to modernize trade relations in the way that is needed in some cases, Cook said. He added he is optimistic that Sino-US trade tensions will be sorted out because of the "inescapable mutuality" of the world's two largest economies.

Targeted policies and measures to help enterprises get through this difficult time have been rolled out, and many are aimed at small, medium and micro-sized enterprises. They give special support to the worst-hit epidemic areas, and enterprises that are important in supply chains are prioritized in government policies.

Tariffs on billion of Chinese goods are scheduled to take effect at 12:01 am on Friday in Washington — 12:01 pm in Beijing — the US Trade Representative confirmed in an email on Thursday, Bloomberg News reported.

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Taiwan entrepreneurs in Hubei can enjoy financial support, tax cuts and professional training and have access to more than 130 vocational qualification examinations.

Tang Dengjie, vice-minister of the National Development and Reform Commission, said that in the next five years the nation will continue to develop international cooperation platforms such as the China International Import Expo to help global enterprises explore business opportunities in China and deepen cooperation under the Belt and Road Initiative.

Technological advancements and new scientific inventions have also provided new opportunities.

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Tech giant Apple is facing a slower-than-anticipated return to production and iPhone supply will be temporarily constrained, according to a statement from the company on Feb 17.

Tan said the company will also expand its JD Daojia delivery services. Walmart China plans to connect 300 Walmart stores to JD Daojia services.

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Tang Jiagui, the director of the zoo's animal management department, said that good genes and scientific animal management are probably the secrets to Xin Xing's longevity.

Tan Songheng, an investment manager with FuDian Bank, a joint-stock commercial bank in Yunnan province, said: "Money has not yet been needed in the real economy. Banks are unwilling to make loans to smaller companies or buy high-risk bonds, as they are busy fixing their balance sheets, especially to maintain capital adequacy ratio and control the non-performing loan ratios."