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For eligible micro-, small- and medium-sized firms, including household businesses, with temporary liquidity difficulty, financial institutions will be encouraged to provisionally defer their loan principal repayments. Their interest payments can be deferred to June 30, with penalty interest payments exempted. This policy shall apply to all types of businesses in Hubei Province.

During his meeting in Yerevan with Chinese Ambassador to Armenia Tian Erlong, the president highlighted the cooperation with China and stated that the exchange of experience and information with different countries on the matter can play a very vital role in raising the efficiency of the fight against the disease.

More than 3,000 lives were lost in the Chinese mainland. On Saturday, also the Tomb-sweeping Day in China, the whole country stood in silence in remembrance. It was the first time that China launched nationwide mourning due to a major public health emergency.

Noting that the Chinese people will not forget the precious support from Italy when China was at its hardest moment in the fight against the virus, Wang said China is now willing to stand firmly by the side of the Italian people as well.

China's progress and achievements are recognized worldwide.