At a news conference, finance and planning officials said they are looking at how to channel aid to businesses after President Xi Jinping publicly promised over the past week to ensure farming and other industries recover quickly.
"We will do a good job of implementing large-scale interest rate reduction and tax deferral and ensure effective implementation as soon as possible," said Ou. Asked whether Beijing planned to reduce its economic growth targets for the year, the general secretary of the Cabinet's planning agency, the National Development and Reform Commission, expressed confidence the virus's impact would be brief.
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Donald won't like this.
China is becoming a danger to the planet.