Xi vows aid for smaller businesses

"Xi's trip to Ningbo further enhances our confidence in innovating in our business operations and better facilitating global e-commerce transactions and investments. Despite these temporary difficulties, we are cautiously optimistic about a sound recovery and development in the middle and long run, especially with China gradually bringing the novel coronavirus epidemic under control," he added.

Qin Jian, who runs two chain hotels in Ningbo, said his worries about the business have been partly alleviated by the local government's supportive policies.

"The hotel industry has been one of the most heavily affected by the pandemic, but I believe eventually all the difficulties will be overcome," he said.

Qin's hotels have reopened and business is on the rise. He said he plans in the coming days to offer more discounts or other incentives to attract consumers.

Wang Lei, who owns a Hangzhou company that exports fireproof materials, said although the spread of the virus worldwide poses difficulties for his overseas business, he is still confident in global trade and looks forward to a rebound soon.

"The visit that President Xi paid to Zhejiang and what he said to local workers consolidated my confidence," said Wang.

"Smaller companies are going through a difficult time and support from government is one of the most effective remedies for our anxiety," Wang said.

Qin Jirong contributed to this story.