Since the beginning of this week, at least 17 people died in China and more than 600 were infected with some unknown science of the virus.
"To combat the epidemic, the protection of life and health of people ... decided today to cancel all major events, including temple fairs in Beijing", - reads the statement of the government of the Beijing Bureau of culture and tourism on Thursday.
"Citizens must strengthen preventive measures and to support the government's decision. We will inform about policy changes with the development of an epidemic, And we wish all citizens a happy Spring festival," - said in a statement.
Chinese New year 2020 takes place from Saturday 25 January to 8 February.
Wednesday, 22 January, two major metropolis of China announced quarantine measures restricting the movement of people and goods due to the outbreak of coronavirus. The centre of the epidemic is considered the industrial center of Wuhan, where more than 11 million people. The second city to declare quarantine, became Honggang with a population of 8.5 million.
Chinese Authorities are preparing to limit the entry and exit from another major city Ezhou. Cars entering and leaving the city will be checked and searched, and people will measure the temperature.
According to the representative of the world health organization (who) coronavirus is more easily transmitted from human to human than previously thought. "We are now seeing a proliferation of second and third generation," said Dr. David Heymann, Chairman of the who Committee that collects data about the mysterious virus.
Third generation means that those who contracted the disease from food or animals to the market in Wuhan have transferred the virus to someone else, and the second are already infected passes it to a third party, then the spread of the virus becomes uncontrolled.
Chinese stocks lost about 3% on Thursday as investors sold the paper associated with restaurants, cinemas, airlines and theme parks after isolation of Wuhan city at the epicentre of the outbreak of coronavirus.
European shares declined on Thursday under the influence of fears about the spread of the new virus in China, while investors awaited the outcome of the first this year meeting of the European Central Bank.
Japanese stocks fell to two-week lows on Thursday, led raw materials and other cyclical securities, amid growing concerns about the spread of the coronavirus in China. The Nikkei dropped 1.0 percent to 23.795,44 points, its lowest closing level since 10 January.
