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China's Foreign Ministry spokesman Lu Kang said on Tuesday that Beijing hopes both New Delhi and Islamabad "can exercise restraint and adopt actions that will help stabilize the situation in the region and improve mutual relations".
China will support innovation of financial instruments to further expand channels for capital replenishment at commercial banks, looking to ease lenders' capital pressure and improve their ability to serve the real economy.
China's central bank announced a plan to reform the LPR mechanism in August 2019 to better reflect market changes in its latest move to reduce borrowing costs to support the real economy. So far, nearly 90 percent of new loans have adopted the LPR benchmark.
China will take over the presidency of the trilateral cooperation, he said, vowing to work closely with Japan and the ROK to cement trust and meet each other halfway to boost trilateral cooperation as well as regional integration.H Li congratulated the success of the recent inter-Korean summit between Moon and top leader of the Democratic People's Republic of Korea (DPRK) Kim Jong-un.
China will tackle weak areas in its business environment to further improve the country's overall competence and consolidate its stable and positive economic performance, the State Council decided on Wednesday at an executive meeting chaired by Premier Li Keqiang.
来源：资阳报