There are around 43,000 cases of the illness around the world, and it has killed over 1,000 people so far.
"Particular attention will be paid to understanding transmission of the virus, the severity of disease and the impact of ongoing response measures".
This follows after the death toll from the virus passed 1,000 with tens of thousands people infected at the moment.
The COVID-19 continues to grip China, but advancements in genetic technology is making it simpler and faster to understand how it spreads.
The naming guidelines used by World Health Organization were adopted after deadly viruses Ebola and Zika were named after the places they were first identified, causing the public to link those places with the viruses.
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'Having a name matters to prevent the use of other names that can be inaccurate or stigmatising. "It also gives us a standard format to use for any future coronavirus outbreaks", World Health Organization director-general Dr Tedros Adhanom Ghebreyesus said in a press conference. Outside China, there are 393 cases in 24 countries, with one death, the director-general added.
"Outbreaks can bring out the best and worst in people".
Previously, Covid-19 was called as the 2019-nCoV acute respiratory disease by WHO, and China's National Health Commission temporarily called it novel coronavirus pneumonia.
The number of newly reported cases from China has stabilised in the past week but that has to be interpreted with extreme caution.
In the wake of the first case of the coronavirus reported in MA earlier this month, Connell School of Nursing Assistant Professor Nadia Abuelezam compiled a concise list of facts about the virus for the school website in the wake of "a barrage of news and social media posts full of data, terminology, and information that was hard to understand".
But Tandeser maintained that the main importance is to contain the epidemic and save lives. Many companies and institutions in Australia, China, France, Germany and the United States are trying to develop a vaccine for the Corona virus.