There's absolutely no indication of this. Please don't spread harmful misinformation.
Here's the latest reason you're wrong. It's a link to a tweet from the governor of NY. Same has been reported in multiple countries in Europe. When ventilators run out, even young people start dying. The death rate in Italy is already higher than 1-3%, especially if you calculate (num recovered)/(num recovered + num dead).
There are dozens of reasons not to trust the Chinese numbers - statistically perfect (Reg coeff>.999) quadratic growth curve, claims of all being well while pollution maps showed nationwide shutdown, admonishment and disappearance of whistleblowers, including doctors, scientists, billionaire tycoons, and activists...it's all been floating around the internet since January. Little of it is picked up by "official" sources because when a government shuts down any unapproved media in a nation without free speech, people can only leak through channels like WeChat screenshots, tweets and Twitter videos. But the rationale makes sense in addition to the wealth of circumstantial and empirical evidence.
An authoritarian, autocratic nation can only rule so long as the people are kept by respect and/or fear from revolting. That is why the CCP has a history of controlling narratives to save face. This is not unique to the CCP, which is an offshoot of the former CCCP which practiced the same manipulation for most of it's history.
The CCP spent two critical months trying to hide this from the world, and now we are all going to pay for it. Do not let their propaganda machine set the narrative. This is not a reflection on the Chinese people, their hands are tied by a self-preserving bureaucracy.
So far in Italy the death rate under 40 is tiny.
How many other pandemics have infected multiple world leaders? Do you know that within a week of Iran announcing an outbreak, 8% of their parliament was infected and two members dead? R0>3 is not hard to believe. There's a reason a dozen European countries are on lockdown.