May 6, 2020 / 12:01 PM / a month ago

China's Xi says coronavirus prevention and control still faces great uncertainty

Chinese President Xi jinping speaks during a meeting with Tedros Adhanom, director general of the World Health Organization, at the Great Hall of the People in Beijing, China, January 28, 2020. Naohiko Hatta/Pool via REUTERS/Files

BEIJING (Reuters) - China’s coronavirus prevention and control still faces great uncertainty, president Xi Jinping was quoted as saying on Wednesday, as the cabinet plans more measures to alleviate firms’ tax burdens and boost credit support.

In a separate cabinet meeting led by premier Li Keqiang on Wednesday, the government said it will support banks to issue more unsecured loans, while extending loan and interest payment forbearance for firms who keep staff, state television reported.

Reporting by Yawen Chen, Yew Lun Tian, Cheng Leng; Editing by Andrew Heavens

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