News Snapshot:
Chinese authorities say they’re providing support for small- and medium-sized enterprises affected by the pandemic. Millions of businesses across the country have been forced to close down, or limit their activity, to help contain the spread. Our reporter You Yang has more details. The measures include tax reductions, rent reductions and financial assistance. XU XIAOLAN Vice Minister, Industry & IT Ministry “We will try to make sure the policies are implemented in time. We will set up a special fund for small, medium-sized and micro enterprises. We will reduce their rents, water and electricity charges, provide subsidies for their staff’s...
