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"Good future living standards will hinge on society achieving high electricity utilization," Shu Yinbiao, then-chairman of State Grid Corp of China, said in October.

"GIFT IFSC provides a huge competitive advantage in terms of tax structure and supportive regulatory framework, which is comparable with other global financial centers," he said, adding that other advantages include the waiver of taxes such as the security transaction, commodity transaction, dividend distribution and capital gains taxes, as well as the goods and services tax.

"For instance, we add more protein-rich ingredients to our boxes for the purpose of immunity enhancement," said Xiao, whose company offers group meals priced between 20 yuan (.85) and 50 yuan per set.

"Foreign liquor makers should prioritize category promotion rather than brand promotion so that they can 'implant' whiskey, brandy, and other similar brand categories in the minds of consumers," Xiao said.

"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.