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CCIC has also launched insurance for work resumption and is expected to give it to about 1.1 million migrant workers returning to work, with the total coverage of 275 billion yuan.

By the end of March, the banking sector in Southwest China's Sichuan province had set up 4,170 creditors' committees, of which the credit balance reached 2.03 trillion yuan (3.52 billion). They decided to support 2,941 companies, help 599 companies going through hard times, and gradually stop lending to 481 companies while trying to recover as much of their loans as possible through a market withdrawal system. The committees increased, stabilized and restructured loans totaling 545.3 billion yuan.

ByteDance is facing pressure from the White House to quickly sell the popular short-video app's US operations or face an effective ban. The company filed a lawsuit last week against the US federal government over the Trump administrations' efforts to block TikTok.

By depending on ranking systems such as U.S. News, Chinese families, who have already spent a significant amount of money to send their children to study abroad, are just trying to find the simplest way to identify the best schools, Mercer said.

By tracking the flow of people getting out of Wuhan, capital of the Hubei province and the epicenter of the novel coronavirus outbreak, telecom carriers have sent warnings to districts that receive the most visits from Hubei residents. Also, as people travel to big cities to resume work, telecom carriers can also monitor the traffic to help local governments take better precautionary measures, Han said.