Infected people: It is predicted that there are 20,000 patients infected with the Wuhan Pneumonia, which in any case is higher than the previously predicted 10,000-population scale. Based on several data gathered, it is estimated there are 4,300 medical beds in Wuhan, with many who have yet to obtain medical treatment. Therefore, it can be rightfully assumed that the total number of infected patients in Wuhan is three times greater than the number previously predicted. Coupled up with the total numbers of people in other parts of China, this would bring the coronavirus’ death toll to anywhere between 300 and 500. (China)

Funding for Epidemic Prevention and Control: Using SARS as an exemplary basis of assessment, the Chinese central government allocated budget reserve fund worth RMB 2 billion to tackle the matter. Provincial finances are generally allocated a reserve cost between 1% to 3% of the budget. In addition to that, the central government had also provided initial funding and arranged an extra RMB 2 billion special funds for the construction of the initial stage emergency response mechanism. A decade following the outbreak of SARS, the Chinese local governments have expanded 109 CDC projects at various levels, including provincial CDCs, 21 municipal and 87 county CDCs, bearing a total investment worth RMB 3.09 billion. A conservative estimate is that a total cost of RMB 10 billion alone had been spent in the later stages in China’s efforts to prevent and control SARS. Factoring costs such as SARS investments, consumption, and miscellaneous expenditures, that brings the cost a rough figure RMB 15 billion to RMB 20 billion. Based on the current human resources, financial, cost assessments, and calculations based on the average growth rate expansion (10%, cumulative 170%), the current response to The Wuhan Pneumonia theoretically requires approximately RMB 40.5 billion in the entire China, excluding industrial investment. Considering the original investment effect of SARS, half of it can work, theoretically, nonetheless. As such, the State Council of China should consider offering an additional investment of at least RMB 20 billion to help with the situation.

Impact on the Economy: The overall impact is 0.5 to 1 percentage point, and China will not be able to achieve 6% economic growth rate.

Chinese Disease Control Methods: Mainly relying on the government, not the CDC.

The above results are a part of the information tracking research, which is an empirical research and is solely used for references only.