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The senior Chinese official said China firmly supports ASEAN in its effort to grow more united and stronger, adding that China-ASEAN relations are a driving force for regional development and prosperity.

In the meantime, the top diplomat explained, China activated first-level emergency response in all provinces, autonomous regions and municipalities, quickly cut off the chain of virus transmission, and finally effectively overcame the epidemic.

Funds raised through special government bonds and local government bonds are allowed to be used for post-disaster recovery and reconstruction, the meeting said.

The financial support policies will be made more accessible. Small and medium banks will be supported to employ big data in better meeting the needs of businesses, and the transmission mechanisms improved, to benefit as many companies as possible. Reform on the loan prime rate (LPR) will be deepened to guide lending rates further downward.

Individually-owned businesses should be encouraged, with more support to key groups, including college graduates, migrant workers and the unemployed regarding loans, taxes, and so on, the meeting noted, while calling for social security subsidies for those holding part-time jobs.