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China will take further steps to boost international airfreight capacity to stabilize supply chains, the State Council's executive meeting chaired by Premier Li Keqiang said on Tuesday.

China's Cabinet-level financial regulatory body said on Tuesday it is planning a new set of measures to ease the financing difficulties of small and medium-sized enterprises, through monetary policy adjustments and encouraging banks to increase lending to smaller businesses.

China will issue an additional set of policies to further cut 400 billion yuan (.8 billion) of tax this year, following Wednesday's announcement of value-added tax reform, officials from the Ministry of Finance said on Friday.

China's capability, capacity and determination to meet any kind of challenges was proved once again. All concerned organizations from embassy, airline, immigration, health, customs, transport and hotel were working in close coordination and harmony. There was absolutely no panic and emergency like situation and everything was being handled very smoothly in a professional manner.

China will introduce overseas traders to the domestic iron ore futures market at the Dalian Commodity Exchange from May 4, which is expected to help develop a widely accepted price benchmark, said a top official from the DCE.