The city government has taken various steps, including tax and fee reductions, exemption and subsidies to help relieve enterprises' burdens by more than 60 billion yuan (.47 billion).
The central bank expected economic growth to rebound due to the strong and effective measures taken by the government, the article said. "As the postponed consumption and investment activities resume, the economy is expected to experience a compensatory recovery."
The chief of the World Health Organization (WHO) on Wednesday warned against politicizing COVID-19 just a day after US President Donald Trump accused the organization of making wrong calls and threatened to put US funding to it on hold.
The central bank will launch policies and use monetary instruments, including the targeted medium-term lending facility, to encourage small-and medium-sized banks to lend to small and private businesses, Wen said.
The central bank governor said China will participate constructively in the G20 Debt Service Suspension Initiative and extend support to developing countries, emerging economies and low-income countries.
The checks should focus on sectors where migrant workers are frequently hired, such as the construction industry, labor-intensive manufacturing industries and restaurants, Yin said.
密云区宫外孕能人流吗
The central and state governments in India are rushing to prepare plans by Thursday to set up air purifier towers and other means to help check severe air pollution in and around the capital. The deadline was imposed by the Indian Supreme Court.
The civil affairs department of Anhui province said one person has been confirmed dead and 13 others were injured as of Sunday noon.
The city reported 63 shootings last week, a 142 percent increase compared with the same week in 2019, according to NBC New York.
The central bank said it would continue to deepen the LPR reform, and improve the monetary policy transmission mechanism, to further lower the lending rates and support the development of real economy. "The reform, to transfer all the outstanding loans' benchmark to the LPR, has been progressing smoothly," said Xu.