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Coronavirus: China’s State Council urges local authorities to speed up fiscal support for small firms

Summary:
[unable to retrieve full-text content]China’s State Council has reiterated the urgent need to channel fiscal relief and bank credit to small businesses, as Beijing continues to nurse its fragile economy back to health after the coronavirus shock.At the first regular meeting of China’s cabinet in three weeks on Monday, Premier Li Keqiang urged local governments to swiftly allocate central government support to businesses and households, according to an official statement posted online.His remarks were a follow-up to a policy…

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[unable to retrieve full-text content]
China’s State Council has reiterated the urgent need to channel fiscal relief and bank credit to small businesses, as Beijing continues to nurse its fragile economy back to health after the coronavirus shock.At the first regular meeting of China’s cabinet in three weeks on Monday, Premier Li Keqiang urged local governments to swiftly allocate central government support to businesses and households, according to an official statement posted online.His remarks were a follow-up to a policy…
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