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As the disaster occurred close to lunch hours, many workers are believed to have been inside a refectory area which was completely destroyed by the mud wave.

As the contagion spreads at varying speeds across countries, economies showed differentiated paces of recovery, while bankruptcies and financial instability still threaten the outlook. That is pushing policymakers around the world to continue to provide robust financial aid to ensure the foundations for resilient growth, economists said on Sunday.

As the COVID-19 epidemic wanes in China, Erenhot Port has seen an increasing number of China-Europe freight trains -- from fewer than two trains per day in March to about eight at present, said Zang Zhixian, who works at the China Railway Hohhot Group.

As such, Bosch invested nearly 1 billion yuan (1.7 million) to build its present 70,000-square-meter regional headquarters. The building, which became operational in 2011, is the largest of its kind for Bosch in the Asia-Pacific region.

As the country extended the Lunar New Year holiday and delayed work resumption to contain the virus spread, production hours of industrial firms significantly dropped in February. Production capacity had not returned to normal by the end of last month, he said. Apart from this, the additional costs for epidemic control and falling prices of industrial products put pressure on industrial profits.