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China will push ahead with supply-side structural reform in the financial sector to help private enterprises solve financing difficulties and reduce financing costs, said Guo Shuqing, Party secretary of the People's Bank of China and chairman of the China Banking and Insurance Regulatory Commission.
China will further reduce taxes and fees to ease burdens on enterprises, firmly prohibit any new burdens from being enacted, research and promulgate new policies to substantially reduce taxes and fees, and ease the difficulties in getting financing for the real economy, the Premier added.
China's bad loans inched up amid the outbreak and may continue to rise in the second quarter, said Xiao Yuanqi, chief risk officer of the China Banking and Insurance Regulatory Commission, adding that the country has taken measures to mitigate these risks.
China will roll out special policies to help university graduates in Hubei province in employment and graduation amid the novel coronavirus outbreak, Vice-Minister of Education Weng Tiehui said on Friday.
China's GDP grew faster than expected in the first half of the year, up 6.9 percent from a year earlier, according to data from the National Bureau of Statistics.
来源：资阳报