BEIJING (Reuters) – The city of Beijing announced new measures to support small and micro-sized companies, including around 130 billion yuan ($20 billion) of subsidies, state media reported on Friday.
The measures will benefit more than 1.6 million SMEs, according to the Beijing Daily.
($1 = 6.4854 Chinese yuan renminbi)
(Reporting by Beijing Newsroom; editing by John Stonestreet)
