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China extends economic support for key small firms, aims to ‘deliver real results’

China will extend support to firms that form the backbone of its economy, with the latest financial measures viewed as a move to boost refinancing which “will become increasingly important in the future”.Premier Li Keqiang laid out how Beijing will adopt a market-based approach to increasing financial support for micro, small, and medium-sized enterprises (MSMEs) during Wednesday’s State Council meeting.“The MSMEs and the self-employed are facing great difficulties. In the first half of next…

Read the original article at South China Morning Post

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