SCIO briefing on fiscal policies to control the novel coronavirus pneumonia (NCP) outbreak

A press conference was held Friday morning on China’s fiscal policies to support the prevention and control of the novel coronavirus-related pneumonia outbreak and alleviate the difficulties of small and micro enterprises in accessing affordable financing. February 8, 2020

Phoenix TV:

It was reported that regulators may delay the implementation of the new asset management regulation due to the impact of the epidemic. Is that true? If so, how long will the delay be? Thank you. 

Pan Gongsheng:

We are making the assessment, and what you have mentioned is a possibility. The People's Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) are still making their technical assessments.

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