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Yet, the PBOC's current approach is more moderate and measured than the U.S. Federal Reserve's latest bold moves such as steep rate cuts and quantitative easing, said Ren Zeping, chief economist of Chinese property developer Evergrande.
China will step up efforts to keep employment stable, with all-round measures to cut corporate burdens, keep the payroll stable, and create more jobs, Xi said, adding that in addressing the outstanding problems of serious scarcity of workers in some enterprises, high pressure in keeping the payroll stable, and difficulty of key groups to obtain employment, efforts should be given to support flexible employment through multiple channels and facilitate employment of college graduates.

Xi said the country should keep poverty alleviation policies stable, put into place a mechanism to effectively prevent people from falling back to poverty and provide targeted assistance to the needy in advance.
Qin said the MOST will increase support for the development of cutting-edge technologies, focusing on advanced computing, core software, broadband communications, blockchain, optoelectronics, micro/nano electronics, artificial intelligence and new materials, among other fields.
KUALA LUMPUR, April 18 (Xinhua) -- A team of medical experts sent by the Chinese government arrived here on Saturday to help Malaysia fight the COVID-19 pandemic.
来源:资阳报