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China's fiscal policy needs to be.......>

CHINA PRESS
CHINA PRESS: China's fiscal policy needs to be even more proactive and
effective, and the prudential monetary policy should be more flexible, said
President Xi Jinping at a meeting on coronavirus control, Xinhua News Agency
reported late Sunday. The government will introduce temporary and targeted tax
and fee cuts while accelerate current regulatory fee cuts, subsidize interest
payments and expand local government bond issuances, Xinhua cited Xi as saying.

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