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Both policy instruments are aimed at helping small and micro enterprises maintain cash flow, gain easier access to loans, and lower the financing cost, the central bank said. It added that these tools are more market-oriented, inclusive and direct, compared to previous policies.

The central authorities encouraged scientists and engineers in China's space sector to make more contributions to the realization of the two centenary goals and the Chinese Dream of national rejuvenation.

As there is little hope of the HKSAR enacting local laws to safeguard national security, the central authorities have no option but to exercise their constitutional power to establish and improve the legal system and enforcement mechanisms for the HKSAR to safeguard national security, Lam said, stressing that this is a decision not taken lightly.

“While real investments are still needed, what’s more important is to create an enabling environment that helps to preserve the tax base. Reform holds the key to overcoming difficulties and boosting development. Unwarranted restrictions must be lifted to further unlock market vitality and social creativity. We must take strong measures to improve the business climate, eliminate undue restrictions, and fully unleash the initiative and creativity of the vast numbers of market entities and individuals,” Li said, “Greater opening up will help further expand China’s market.”

The Myanmar president thanked China for providing support and assistance to the WHO and other countries including Myanmar in their fight against the epidemic.