The funds raised through the special COVID-19 bonds need to be injected into infrastructure construction projects that can earn some profits, or into projects for containing the virus, so as to increase inputs into the research and development of vaccines, medicines, and rapid-testing technologies, set up more mobile laboratories, ensure emergency supplies, and strengthen public health and epidemic prevention at the primary level, Wang said.
The glass-enclosed mini KTV house usually covers around 2 square meters and payment can be made via apps such as WeChat and virtual wallet Alipay. The booth will automatically send recordings to users via their WeChat social media accounts, allowing them to share their experience on networking platforms.
The government has put solving debt issues high on its agenda and has implemented measures to resolve these.
The government is also working on additional support measures for vulnerable and affected sectors like the taxi industry, and aid would be made available to other vulnerable groups, Ramaphosa said.
The government will announce specific measures to help the city's tourism sector as soon as possible after it finishes consulting with the Hong Kong Tourism Board and Travel Industry Council of Hong Kong, according to Secretary for Commerce and Economic Development Edward Yau Tang-wah, who spoke at a media briefing.
The future role of hydrogen fuel cells in China's fast-changing automotive industry was made clearer by the Ministry of Industry and Information Technology on Tuesday, with it detailing the government's latest development prospects for the technology.
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The government of Wuhan also will support small and micro businesses to offer vocational and pre-occupational training, he added.
The government will also encourage business startups by promulgating favorable policies in loans, financing and the use of land, he said. "Meanwhile, we will provide high-quality services in employment, especially in internet-based services, to provide help to everyone who wants to find a job," he said.
The fund includes free rides for 10,000 passengers, subsidies for 10,000 private car owners to fuel their oil tanks, and other random service upgrades for those who use its car-pooling service from Jan 13 to Feb 10.
The fresh measures, along with the already issued tax and fee reduction policies, will further ease the current difficulties of small businesses, said Li.