BEIJING, May 22 (Xinhua) -- Governments at all levels should tighten their belts while the central government should take the lead by committing to negative growth in its budgetary spending, according to a government work report submitted to China's national legislature for deliberation on Friday.
BEIJING, May 22 (Xinhua) -- China will increase financial support to keep business operations stable, according to a government work report submitted to the national legislature for deliberation on Friday. Large commercial banks should increase inclusive finance lending to micro and small businesses by more than 40 percent, said the report.
BEIJING, May 22 (Xinhua) -- Xi Jinping and other Chinese leaders on Friday mourned for lives lost to COVID-19 as the country's top legislature began its annual session at the Great Hall of the People in Beijing. They joined other deputies to the National People's Congress to pay a silent tribute to martyrs who died fighting COVID-19 and compatriots who lost their lives in the epidemic.
BEIJING, May 22 (Xinhua) -- China's economy posted negative growth in the first quarter of this year, but it was "a price worth paying" to contain COVID-19 as life is invaluable, according to a government work report submitted Friday to the national legislature for deliberation.
