国内英语资讯:China to encourage financial institutions to make interest concessions and expedite fee cuts
<p><span word="BEIJING">BEIJING</span>, <span word="June">June</span> 17-- <span word="China">China</span> <span word="will">will</span> <span word="encourage">encourage</span> <span word="its">its</span> <span word="financial">financial</span> <span word="institutions">institutions</span> <span word="to">to</span> <span word="make">make</span> <span word="interest">interest</span> <span word="concessions">concessions</span> <span word="as">as</span> <span word="appropriate">appropriate</span> <span word="to">to</span> <span word="businesses">businesses</span> <span word="to">to</span> <span word="help">help</span> <span word="keep">keep</span> <span word="economic">economic</span> <span word="fundamentals">fundamentals</span> <span word="stable">stable</span>, <span word="and">and</span> <span word="ensure">ensure</span> <span word="that">that</span> <span word="all">all</span> <span word="fee">fee</span>-<span word="cutting">cutting</span> <span word="measures">measures</span> <span word="are">are</span> <span word="fully">fully</span> <span word="executed">executed</span> <span word="on">on</span> <span word="the">the</span> <span word="ground">ground</span> <span word="in">in</span> <span word="an">an</span> <span word="effort">effort</span> <span word="to">to</span> <span word="ease">ease</span> <span word="corporate">corporate</span> <span word="burdens">burdens</span>.</p><p><span word="A">A</span> <span word="host">host</span> <span word="of">of</span> <span word="policy">policy</span> <span word="steps">steps</span> <span word="were">were</span> <span word="decided">decided</span> <span word="upon">upon</span> <span word="at">at</span> <span word="the">the</span> <span word="State">State</span> <span word="Council">Council</span>'<span word="s">s</span> <span word="executive">executive</span> <span word="meeting">meeting</span> <span word="chaired">chaired</span> <span word="by">by</span> <span word="Premier">Premier</span> <span word="Li">Li</span> <span word="Keqiang">Keqiang</span> <span word="on">on</span> <span word="Wednesday">Wednesday</span>.</p><p><span word="Enterprises">Enterprises</span>, <span word="particularly">particularly</span> <span word="smaller">smaller</span> <span word="ones">ones</span>, <span word="have">have</span> <span word="been">been</span> <span word="hit">hit</span> <span word="hard">hard</span> <span word="by">by</span> <span word="COVID">COVID</span>-19, <span word="and">and</span> <span word="the">the</span> <span word="Chinese">Chinese</span> <span word="government">government</span> <span word="pays">pays</span> <span word="close">close</span> <span word="attention">attention</span> <span word="to">to</span> <span word="helping">helping</span> <span word="them">them</span> <span word="overcome">overcome</span> <span word="the">the</span> <span word="difficulty">difficulty</span>. <span word="Premier">Premier</span> <span word="Li">Li</span> <span word="Keqiang">Keqiang</span> <span word="pointed">pointed</span> <span word="out">out</span> <span word="that">that</span> <span word="fiscal">fiscal</span> <span word="and">and</span> <span word="financial">financial</span> <span word="measures">measures</span> <span word="should">should</span> <span word="be">be</span> <span word="fully">fully</span> <span word="employed">employed</span> <span word="to">to</span> <span word="help">help</span> <span word="small">small</span> <span word="and">and</span> <span word="micro">micro</span> <span word="businesses">businesses</span> <span word="survive">survive</span>, <span word="and">and</span> <span word="encouraged">encouraged</span> <span word="banks">banks</span> <span word="to">to</span> <span word="step">step</span> <span word="up">up</span> <span word="support">support</span> <span word="as">as</span> <span word="companies">companies</span> <span word="strive">strive</span> <span word="to">to</span> <span word="stay">stay</span> <span word="afloat">afloat</span>.</p><p>"<span word="In">In</span> <span word="the">the</span> <span word="past">past</span> <span word="weeks">weeks</span> <span word="and">and</span> <span word="months">months</span>, <span word="financial">financial</span> <span word="departments">departments</span> <span word="and">and</span> <span word="institutions">institutions</span> <span word="have">have</span> <span word="taken">taken</span> <span word="effective">effective</span> <span word="moves">moves</span> <span word="to">to</span> <span word="tackle">tackle</span> <span word="the">the</span> <span word="economic">economic</span> <span word="impact">impact</span> <span word="of">of</span> <span word="the">the</span> <span word="coronavirus">coronavirus</span>. <span word="Real">Real</span> <span word="interest">interest</span> <span word="rates">rates</span> <span word="have">have</span> <span word="come">come</span> <span word="down">down</span>, <span word="and">and</span> <span word="aggregate">aggregate</span> <span word="financing">financing</span> <span word="is">is</span> <span word="expanding">expanding</span>," <span word="Li">Li</span> <span word="said">said</span>. "<span word="Interest">Interest</span> <span word="concessions">concessions</span> <span word="by">by</span> <span word="financial">financial</span> <span word="institutions">institutions</span> <span word="are">are</span> <span word="a">a</span> <span word="key">key</span> <span word="measure">measure</span> <span word="in">in</span> <span word="supporting">supporting</span> <span word="the">the</span> <span word="real">real</span> <span word="economy">economy</span>, <span word="especially">especially</span> <span word="smaller">smaller</span> <span word="firms">firms</span>, <span word="and">and</span> <span word="keeping">keeping</span> <span word="economic">economic</span> <span word="fundamentals">fundamentals</span> <span word="stable">stable</span>."</p><p><span word="To">To</span> <span word="advance">advance</span> <span word="stability">stability</span> <span word="on">on</span> <span word="the">the</span> <span word="six">six</span> <span word="fronts">fronts</span> <span word="and">and</span> <span word="security">security</span> <span word="in">in</span> <span word="the">the</span> <span word="six">six</span> <span word="areas">areas</span>, <span word="the">the</span> <span word="Wednesday">Wednesday</span> <span word="meeting">meeting</span> <span word="underlined">underlined</span> <span word="the">the</span> <span word="need">need</span> <span word="for">for</span> <span word="stronger">stronger</span> <span word="monetary">monetary</span> <span word="and">and</span> <span word="financial">financial</span> <span word="policy">policy</span> <span word="support">support</span> <span word="to">to</span> <span word="the">the</span> <span word="real">real</span> <span word="economy">economy</span>, <span word="and">and</span> <span word="help">help</span> <span word="tide">tide</span> <span word="smaller">smaller</span> <span word="businesses">businesses</span> <span word="over">over</span> <span word="difficulties">difficulties</span> <span word="as">as</span> <span word="financial">financial</span> <span word="institutions">institutions</span> <span word="and">and</span> <span word="the">the</span> <span word="businesses">businesses</span> <span word="who">who</span> <span word="borrow">borrow</span> <span word="from">from</span> <span word="them">them</span> <span word="have">have</span> <span word="a">a</span> <span word="stake">stake</span> <span word="in">in</span> <span word="each">each</span> <span word="other">other</span>'<span word="s">s</span> <span word="success">success</span>.</p>
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