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"Excessive stimulus would lead to a surge of debt levels and asset bubbles, which will ultimately go against the government's objective of ensuring quality growth and people's livelihoods," he said.
"Despite shrinking revenues and expenditures for COVID-19 relief measures, we will not reduce charity donations pledged for the current financial year to show our commitment and social responsibility when Hong Kong faces a difficult period, but we will definitely pay less tax to the government," he said.
"During this very successful trade mission, I announced deals worth over 60 million euros (.94 million) for Irish companies. That is very clear that Irish companies are successfully competing in the Chinese market and I hope that we can continue to compete and develop further opportunities," she added.
"Digital strategy is the significant part of the'3411 Project', thus we have collaborated with Tencent to rebuild our basic infrastructure and improve our risk-management capability," said Shao Liduo, PICC P&C assistant president.
"Despite China's effective efforts of epidemic control and prevention, the spread of the virus across the globe makes it difficult to predict the magnitude of its impact on both China and the global economy." Gao told a news conference in Beijing, adding that there's tough work ahead.
来源：资阳报