EDIT:
Yes media has a story to tell and they got this.
This virus is out and China is taking all possible measures to counter this. They have lock down around 5 cities and building a 1000 bed hospital that will be completed in 10 days.
Oh you beat me to it. From the news I've seen it was 9 cities and the hospital is being rushed to be build in 6 days. I don't know how they'll do that but it shows how panicked they are. Some people joke it'll be completed that quickly coz it's actually a mass grave.

If you see history of china, they do things always quickly. Since this virus can destroy China image globally apart from bringing financial loss, they building hospital to curb it. I hope chineses govt will get control of it very soon and will bring relief to its population.
Considering the incubation time and that it has apparently come under their radar as early as December, there's probably already many people outside the quarantine areas spreading the virus unknowingly. At this point they'll have to put the entire country under quarantine judging by the amount of people that traveled out of Wuhan and other affected areas during the holiday season.
What really frustrates me is my own country's refusal to ban all travel between here and China. Seriously, they'd rather risk public safety than piss of China.