China's government is talking up the prospects for a rapid economic rebound from the coronavirus, even as the global economy sees further lockdowns to curb the spreading disease.

Since Friday, the premier, who leads economic policymaking, and a senior central bank official, have pointed to the control of the outbreak and the resumption of activity as reasons for optimism with regard to China's outlook.

At the same time, the nation is facing the risk of further job losses and slumping external demand as the United States, the U.K. and the European Union all tighten restrictions on human activity as the virus exacts a rising death toll. Economists expect China to post the slowest growth since the end of the Mao era this year.