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China has pledged further measures to ease financing difficulties of small private enterprises this year. Among the measures in the pipeline is the deepening interest rate liberalization, which will likely help lower the interest rates faced by them, according to the officials concerned.
China has shown a strong desire to further open up and the intent of policy improvement is expected to follow through in execution, said Piyush Gupta, CEO of DBS Group.
China has released a string of policies, such as raising the threshold for personal income tax, to reduce the financial burden on individuals to help unleash consumers' purchasing power and shore up consumption next year, he added.
China is the closest partner of cooperation for ASEAN, and Malaysia welcomes and hopes that China will continue to play an important role for regional peace and stability as well as common development, he said.
China is creating more urban jobs for migrant workers and stimulating the development of rural industries to boost the employment of migrant workers, whose job prospects were dimmed by the COVID-19 epidemic.
来源：资阳报