Chinese cities reduce rents and offer financial support to businesses hit by epidemic


A general view showing the nearly empty Hongqioa train station in Shanghai on Feb 5, 2020 as more and more people opt to stay home in fear of contracting the deadly coronavirus infection. - AFP

SHANGHAI (Xinhua): China's local governments and e-commerce platforms are moving to reduce rents and offer financial support to help small businesses tide over the novel coronavirus outbreak.

Starting on Sunday, cities including Shanghai, Beijing, Qingdao and Suzhou have rolled out policies to support small and medium-sized enterprises by reducing their burdens of loans, rent and social security payments.

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