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"China's twin cushions－foreign exchange reserves and extremely high domestic savings rates－provided it with both the resilience and policy space to proactively address major economic and financial threats, unlike more-vulnerable economies. This is increasingly important in a crisis-prone world," Roach added.

"Companies do this in a strategic manner. There is no sudden closing of plants in China and haphazard opening of other ones in new countries. Companies who do this, in fact, don't tend to close their China operations at all. It is all part of their long-term planning," he said.

"Compared with previous policy tools, the newly-developed instruments are more market-oriented, inclusive and direct," the central bank said.

"Chinese people value health. Businesses that promote health have a long-term future and can be sustainable, not the other way around," he said.

"Convalescent serum therapy could be a vital treatment route because unfortunately there is relatively little to offer many patients except supportive care, and the ongoing clinical trials are going to take a while. We don't have that much time," Dr Eric Salazar, a physician scientist with Methodist's Research Institute, told the Houston Chronicle.