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"Gradually, we will see long-term promotion of a steady, healthy housing market this year, which will better coordinate land, fiscal and taxation policies and resource allocation," said Hu Jinghui, vice-president with 5i5j.com, a leading property agency platform.

"Generally speaking, while comprehensively ratcheting up climate action and establishing the mechanism needed to boost high-quality economic development and environmental protection, we need to promote fundamental transitions in the structures of the economy, industry and energy consumption," Li told a news conference.

"Goods such as rice and fruit from ASEAN countries like Vietnam and Laos can first be transported to Shenzhen by sea and then to Russia and Belarus by freight train," said Li Wenhai, deputy director of the Guangzhou cargo transport center under Guangzhou Railway Corporation.

"Fixed asset investment will play a more important role in supporting economic growth," said Sheng Songcheng, the former head of the statistics and analysis department of the People's Bank of China, the central bank. "Supported by a more proactive fiscal policy, infrastructure investment will rebound with robust growth rates this year."

"Fiscal policy has advantages compared with the monetary policy, as it can be targeted and temporary, with a short lag. Thus, fiscal policy is more appropriate and should play the lead role in dealing with the one-off short-term impact of the epidemic," said Zhang Bin, a senior researcher of the China Finance 40 Forum, a think thank.