The contagious UK strain, known as B.1.1.7, has doubled its prevalence in cases in the US every nine days.

A company statement said the partial resumption marked "the first step of a phased reopening" since the resort temporarily shut down on Jan 25 to curtail the spread of the contagious disease, officially known as COVID-19.

These include reduction and waiving of commissions for the sales of merchandise serving health protection and security purposes, such as masks, hand sanitizers and thermometers, or any operating merchants registered in Central China's Hubei province, the epicenter of the contagious disease.

Digital wallet giant Alipay announced on Wednesday it has established a special logistics supply team serving medical rescue teams in Central China's Hubei province, where the contagious novel coronavirus has hit hardest.

While coronavirus continues to spread globally, many multinational companies pledged donations to assist those affected by the highly contagious virus and fight against the outbreak.

Market sentiment repairerWe all know that market sentiment is contagious.

Despite the contagious virus, Yan said that the joint efforts of the local government and the company allowed many Foxconn workers to recover and return to their posts, making the impact of the virus on production manageable.

The past 50 days saw central authorities adjusting the nation's COVID-19 strategies as the Omicron subvariants, which fueled incessant outbreaks nationwide and once resulted in many residential areas being sealed off, have become super contagious, yet far less lethal than their predecessors.

However, the combination of more contagious COVID variants and persistent gaps in vaccinations have led to more frequent lockdowns, weighing on consumption and private investment, including in housing.

Unless Omicron is proven to be significantly more contagious than the Delta variant, its economic impact should be smaller than the latter as vaccination rates have increased while the world has got more experienced in coping with the pandemic, Kang said.

However, Okamoto cautioned that as elsewhere, the more contagious variants are posing challenges.

However, he cautioned that as elsewhere, the more contagious variants are posing challenges.

Deterioration of the global economy has intensified amid the resurgence of the virus, especially since the highly contagious Delta variant appeared in many countries, which will influence China's economy as well as its monetary and fiscal policies, said Zhang Yuyan, director of the Chinese Academy of Social Sciences' Institute of World Economics and Politics.

Demand in China for medical supplies like oxygenators and pulse oximeters, which measure the oxygen concentration in arterial blood, has grown exponentially in recent weeks, as the authorities concerned have optimized COVID-19 prevention and control measures to tackle the less lethal but highly contagious Omicron sub-variants.

Given the contagious Omicron variants, what might prove effective are mass-produced, low-cost small-molecule oral antiviral drugs that can be stored easily and accessed widely by outpatients, they said.

However, the contagious disease, which had infected 9,692 people and claimed 213 lives on the Chinese mainland as of early Friday, has restrained demand and reduced economic activities like consumption and investment, said Liang Qidong, vice-president of the Liaoning Provincial Academy of Social Sciences.

One path being pursued is disease prevention, especially those that are contagious like influenza or linked to lifestyle choices such as heart disease and diabetes.

As the highly contagious Omicron variant has caused COVID-19 flareups in multiple regions across the country, parts of industrial chains have come under enormous pressure.

"Alcohol and beverage makers have felt the pinch caused by the contagious disease, and they are scrambling to get capital injections in order to survive," said Jin Qinghai, vice-president of 1919.

With the continuous development and enrichment of basic financial instruments and their derivatives, some institutions have recombined different types of such combos and developed a variety of nested structured financial products, leading to a more complex structure of financial products and making financial risks more complex and more contagious.

Regulators must pay close attention to these institutions' risks, which are complicated and contagious," said Guo, who also is chairman of the China Banking and Insurance Regulatory Commission.

Regulators need to pay close attention to these institutions' risks, which are complicated and contagious, Guo Shuqing, Party secretary of the People's Bank of China, the central bank, said in a speech via video to the Singapore FinTech Festival.

An index tracking the pork production industry slid by 1.17 percent, in response to the regional spread among hogs of highly contagious African swine fever.

Revisions state that local customs, health and disease control authorities and research institutions should exchange surveillance information on contagious diseases.

Yu said the law has played an important role in preventing the cross-border spread of contagious diseases and safeguarding the health and security of the people.

Yu said the law has played an important role in preventing the cross-border spread of contagious illnesses and safeguarding the health and security of people.

Organizations or individuals who report mysterious infectious illnesses of unknown origin or emerging contagious diseases should be given rewards.

Wang Hesheng, deputy director of the National Health Commission and head of the National Administration of Disease Prevention and Control, said that the existing law has played an important and effective role in reining in contagious illnesses and safeguarding the health and safety of people.

Grassroots medical institutions are required to handle and report contagious cases and acute public health events appropriately and COVID-19 vaccination campaigns will be carried out for target groups.