Employment is another priority and massive lay-offs must be prevented. Local governments will be encouraged to allocate funding, including tapping the balance in unemployment insurance funds, to help businesses keep their payrolls stable. In places where conditions permit, deferral or refund on social insurance contributions and other possible means will be encouraged.
"All ministries and departments under the State Council must act on the requirements of the State Council's inter-agency task force, and introduce, in a timely way, supportive policies as the outbreak situation evolves, to promote social and economic development on all fronts," Li said.
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