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China's central bank carried out mock transactions using digital fiat currency with some commercial banks in June and once the currency is introduced, China is likely to become the first country to use it. [Photo/IC]
China's Belt and Road Initiative (BRI) presents great development potential to the countries involved, but more attention must be paid to debt sustainability and other risks, according to officials and experts.
China will further reduce taxes and fees to ease burdens on enterprises, firmly prohibit any new burdens from being enacted, research and promulgate new policies to substantially reduce taxes and fees, and ease the difficulties in getting financing for the real economy, the Premier added.
China's central bank announced a cut in some financial institutions' reserved cash amount by 1 percentage point from April 25 to support small and micro enterprises and stabilize liquidity in the banking system, according to a statement on its website released on Tuesday.
China's central government supports Shanghai's bid for the WorldSkills Competition and would like to take it as a chance to strengthen cooperation with the organization, which in turn would help improve skills of billions of workers and contribute to the UN 2030 Sustainable Development Agenda, Li added.
来源：资阳报