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"Despite progress, financial literacy education remains a challenge to China and the world, given financial knowledge learning is a dynamic and lifelong process," Zhou said.

"Everybody is doing their bit in making a contribution to the ongoing fight against the novel coronavirus epidemic, and it is my way of helping－to soothe people's nerves with a "hello", help carry heavy luggage or find directions for people who have just arrived in the city," said Yu, a Shanghai native.

"Dealers used to profit from buying low and selling high in local foreign currency black markets," it said. "Now they have shifted to illegal money transfers across borders, which caused a serious unsupervised outflow of capital."

"Economic and financial conditions have changed only modestly since the FOMC met in July, with growth remaining somewhat soft but wage and price measures looking a bit firmer," Jan Hatzius, an analyst at Goldman Sachs, said in a research report. "Beyond the September meeting, we continue to expect the FOMC to deliver a third and final (quarter-point) cut to 1.5-1.75 percent in October."

"Despite the fact that most cities are still witnessing growth in house prices, signs of stabilization already exist, particularly in cities with the strictest regulations such as Beijing, Shanghai, Shenzhen, Hangzhou and Nanjing. There are a clear signs of a price drop," said Zhang.