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"Covid-19 will need to break through the job market firewall if it is to do significant damage to the economy," Mark Zandi, chief economist at Moody's Analytics, said in a statement. "The firewall has some cracks, but judging by the February employment gain it should be strong enough to weather most scenarios."

"Consumption growth will likely pick up on the back of rising disposable income growth, especially that of lower-income households that have higher consumption propensity," Liang said.

"Creek citizens founded Tulsa, and our successes and challenges are shared," he said in a statement.

"China's mobile industry has been a key driver of economic growth, inclusion and modernization－creating a new generation of digital consumers and transforming industry and society," Granryd added.

"China still has sufficient policy tools to handle possible shocks," Zhang said at the China Finance 40 Qujiang Forum in Xi'an, Shaanxi province, on Saturday.