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"Further, they will foment a larger strike and allow the mess to continue its spread. How vicious they are!" she added.

"Global growth is projected at –3.0 percent in 2020, an outcome far worse than during the 2009 global financial crisis," the IMF said in World Economic Outlook released Tuesday. It added that there was "extreme uncertainty", and the situation could get much worse.

"For modern catering enterprises, it is fairly important to establish a comprehensive and highly efficient food supply chain. Simple and comfortable restaurants have high requirements of standardization and they cater to the demands of most consumers," said Neil Wang, president of consultancy Frost &Sullivan in China.

"Greater efforts should be made in streamlining administration, compliance oversight and offering better services. An internationally competitive business environment would have equal treatment for domestic and foreign enterprises and stimulate market entities and social creativity," according to the State Council.

"Foreign investors will prefer to hold the government bonds as the Chinese government has vowed to channel the funds into the real economy and accelerate production resumption, which will strengthen the market's confidence in economic recovery," said Wong.