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And with ChemChina's support, Tronchetti Provera said the group, supported by over 30,000 employees globally, has not only gained encouraging results in China, but also has helped Pirelli accelerate the penetration of the Asian market.

Analysts estimate it would take at least 45 days to return the grounded aircraft to commercial services after securing regulatory approval.

Analysts from TF Securities wrote in a note that horse racing and large international sports events should be the two areas that are likely to see rapid development following the announcement of the central authorities' plan. While taking Shanghai (China) Pilot Free Trade Zone－the first of its kind in China－as an example, Hainan still lags behind in terms of the contribution of wholesaling and retailing to local GDP. In this sense, companies related to these two sectors in Hainan will have much room to grow, according to the note.

Analysts say new policies will continue to broaden financial channels for small and private companies this year, as policymakers look to balance responsible lending with the need to guide adequate funds into dynamic parts of the real economy.

Analysts at Morgan Stanley believe, a premature effort to restart the economy could cause further disruption and delay the return to normality.