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"Guangzhou, which has been known for centuries for its delicious cuisine, has led the national recovery in the restaurant industry," Lin said at a news conference on Monday.

"Gold remains a safe haven amid global economic uncertainties, and it is emerging as an investment with possible higher returns as central banks are cutting interest rates," said Huo Songling, secretary to the executive board of leading China National Gold Group Co Ltd.

"For many of our members, the (cost) of the raw material could be as much as 60 or 70 percent of the cost of the finished parts," Hardy added. "So, the increase is significant."

"For the moment, we are not witnessing the uncontained global spread of this coronavirus, and we are not witnessing large-scale severe diseases or death," he said.

"Freshness is the sole requirement of consumers. If you lose it, you'll lose the market," he said.