BEIJING, Sept. 15 (Xinhua) -- Chinese Premier Li Keqiang on Tuesday said every effort has been made to make sure that relief policies to cushion the impact of COVID-19 are implemented as soon as possible.
Li made the remarks when addressing the Special Virtual Dialogue with Global Business Leaders hosted by the World Economic Forum, attended by more than 500 business leaders.
The Chinese government has refined macro-policy implementation to increase efficiency and precision, Li said.
"As a result, the two trillion yuan (about 293 billion U.S. dollars) of increased fiscal funds have been funneled directly to prefecture- and county-level governments within just a week, making up for the bulk of the funding shortfalls faced by primary-level governments due to tax and fee cuts," said the Chinese premier.
Such speed has been applauded as unprecedented at the primary level and the funding has buttressed local efforts to support jobs, livelihood and businesses in a most timely fashion, Li noted.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses
