BEIJING (Reuters) – China will step up financial support for technology innovation and ensure the security and stability of its supply chains, State TV reported on Tuesday, citing a top government meeting chaired by President Xi Jinping.
The government would also step up fiscal support for less-developed and border areas, while keeping a lid on hidden local government debt, China Central Television said.
(Reporting by Stella Qiu and Ryan Woo, Editing by Louise Heavens)