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China will encourage private equity funds to participate in mergers and acquisitions to drive the healthy development of the country's fund sector. [Photo/VCG]
China will provide greater fiscal support and better protection of intellectual property rights to encourage its leading tech firms to step up research, an official with the country's top industry regulator said on Friday.

China will ensure sufficient supplies of coal, the main fuel for households and hospitals, in the major epidemic-stricken areas of the country, as part of its concerted efforts to tackle the novel coronavirus outbreak.
China will firmly adhere to its reform and opening-up to share the benefits of development with the rest of the world, Li said. The Chinese market can be an equal playing field for domestic and foreign companies, he added.
China will make more efforts to cut tariffs on products including cars, senior Chinese official Liu He said at the World Economic Forum annual meeting in January. Import taxes on 187 products were slashed last year, with the average rate down from 17.3 percent to 7.7 percent.
来源:资阳报