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Rather than initiating a "flood-like" stimulus to shore up the economy, the country has resorted to targeted cuts in reserve requirement ratios for small banks to channel funds into SMEs and stepped up fiscal support, reducing taxes and fees for these firms.
"We need to be mindful about the fact that we are lucky to have the Chinese as our bilateral partners in some sectors such as the health sector. We should thank them for even informing the rest of the world about the outbreak on time. " he said.
BEIJING, April 4 (Xinhua) -- Xi Jinping led other Chinese leaders on Saturday to attend national mourning for martyrs who died fighting the novel coronavirus disease (COVID-19) and compatriots who lost their lives in the outbreak.
In addition, China supports platform enterprises to provide diversified services and lower costs of goods for small and medium-sized firms to help them tide over difficulties, it said.
The working teams of medical experts will support and guide local epidemic prevention and control work, the construction of makeshift hospitals, the setting-up of designated quarantine facilities and medical institutions, and the treatment of patients.
来源：资阳报