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China will support enterprises affected by coronavirus

UNITED STATES (OBSERVATORY NEWS) — The Chinese authorities will continue to financially support the enterprises and industries affected by the coronavirus. In particular, they plan to lower taxes and provide preferential loans, the communiqué issued following the meeting of the Standing Committee of the Politburo of the Central Committee of the Chinese Communist Party (CPC Central Committee) said on Wednesday, February 12.

It is necessary to continue the study of phased tax cuts.

The Communist Party also said that in the context of the fight against the epidemic, it is necessary to strengthen macroeconomic regulation, study the possible consequences of an outbreak, and develop appropriate political measures to eliminate them.

On February 11, the World Health Organization gave the virus the official name COVID-2019 .

As of February 12, more than 44.6 thousand people became infected with the infection, 1113 became victims of the disease.

On February 3, it became known that Chinese experts identified strains of the disease that could become the basis for the development of a vaccine.

The next day, Chinese authorities reported that the mortality rate in the PRC among patients with new coronavirus decreased from 2.3% at the beginning of the outbreak to 2.1%. In addition, it was noted that men die from coronavirus in 2/3 of cases, and 80% of deaths were recorded among people over 60 years of age.

WHO recognized the outbreak of the new coronavirus as an emergency on an international scale.

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