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A Politburo meeting chaired by President Xi Jinping said China would adopt a package of policies to help pandemic-hit industries.

At a Politburo meeting chaired by President Xi Jinping on Friday, Xi said China would adopt a package of policies to help pandemic-hit industries, stepping up infrastructure construction and back healthy development of the property market. China said on Thursday it would cut import tariffs for all types of coal to zero, in an effort to ensure energy security amid soaring global prices and supply disruption concerns. The iron ore price rose on Friday fuelled by demand hopes as Beijing pledged to step up policy support to stabilize the economy.