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"Efforts should be made to intensify research on working out policies aiming for boosting growth of private businesses in aspects including reducing burdens from taxes and administrative fees, solving financing problems, improving environmental governance, as well as enhancing technological innovation ability," Liu said.

"Few foreigners can return to China now due to the pandemic, so there is a huge demand for talents who are currently in the country," she said.

"Expanded trade with China -- already our second largest international trade partner -- brings more jobs and more investment capital to Houston," he added.

"Despite the decline, consumers continue to view current conditions quite favorably, Lynn Franco, senior director of economic indicators at the Conference Board, said in a statement.

"Elucidate the virus, show it up and free your populations, and let's get back to work," he said.