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China has all along acted with openness, transparency and responsibility in the fight against COVID-19, said Xi, adding that the country "has done everything in our power to support and assist countries in need."
Pan Gongsheng, vice governor of the PBOC, said the two new instruments are short-term policies created at a special time, and are different from quantitative easing in nature and scale.
The meeting also decided to convene the 19th session of the 13th NPC Standing Committee from June 18 to 20 in Beijing and proposed the agenda of the session.
Also at the press conference, an official with Beijing's municipal committee of the Communist Party of China said the city will only mark the coming Dragon Boat Festival through online activities.
Proactive fiscal measures, prudent monetary policies and an employment-first policy must be fully implemented, and tax cuts and fee reductions will be promoted on a larger scale, Li said.
来源：资阳报