"The production of relevant drugs has increased quickly with supply of raw materials being stable, and people are not likely to hoard drugs out of panic this time," said Zhou Mi, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation.

"I don't think we need to hoard.

The Ministry of Industry and Information Technology said on Friday that the authorities had invited key rare earth producers in China to a meeting on Thursday and told them not to speculate on or hoard the products amid current price surges.

The commission and the China Securities Regulatory Commission have earlier held talks with iron ore-related companies, asking them not to corner and hoard iron ore goods or force commodity prices up.

The SAMR, the National Development and Reform Commission and the China Securities Regulatory Commission recently held talks with iron ore-related companies, asking them not to corner and hoard iron ore goods or force up commodity prices.

There is no need to hoard grain as the country has enough repertory, an official with the Ministry of Agriculture and Rural Affairs said at a news conference on Saturday.

Some distributors hoard chips, expecting to make more money, even though they know it's illegal.

"In contrast, as the disease situation worsens in Europe and the United States, we are seeing what we call a 'liquidity trap' and rising deflation expectations," Ying said, referring to an economic situation where the central bank cannot use expansionary monetary policy to boost economic growth as people hoard financial capital instead of investing or spending.