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As the world's second-and third-largest economies, China and Japan have both the duty and the ability to boost global economic governance, stabilize world trade, currency and investment, and tackle the impulses that frustrate globalization, Jiang said.

As the epidemic wanes and policy support intensifies, loan issuance is expected to soar 80 percent in 2020, which is enough to support 1 million individual businesses and 10,000 small and micro-firms, up 43 percent and 52 percent from last year, respectively, the MOF said.

As usual, Fed Chair Jerome Powell will hold a press conference after the meeting on Wednesday, and is likely to face more questions on the fate of the economy if Washington lawmakers are unable to bridge their impasse and extend jobless benefits that are due to expire by year's end.

As the world's largest auto market, China has gotten increasingly more attention from foreign automakers.

As to the 20 percent who have to be hospitalized, Cuomo said most of them are senior citizens and those with underlying health issues.