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Appeal made to mayor for more affordable housing

Apart from contacting Hong Kong compatriots on board, officials have also requested the Japanese authorities to protect their legitimate rights, proactively resolving their difficulties such as assess to daily medicine, and visiting infected patients, Song said.

Apart from its role in the service industry, the sharing economy contributes to employment and consumption. "Food delivery services, as part of the sharing economy sector, boosted employment in the country. Take Meituan Waimai as an example, a total of 2.7 million employers earned money from the platform in 2018, 22.7 percent higher than the previous year. There are over 600,000 active delivery drivers every day," said Zhao Dawei, director of the research center under online food review and delivery company Meituan-Dianping.

Another key measure highlighted by Liu was to deepen the reform of State-owned enterprises, especially mixed-ownership reform, to improve SOEs' corporate governance structures and internal incentive mechanisms.

Apart from financial and market management measures, SOEs should remove their low-efficiency assets, reduce costs and increase profits, which can defuse their liabilities and reduce debt, said Zhou Jianqi, a researcher at the Development Research Center of the State Council.