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"From this perspective, it shares some similarity with the efforts by other central banks around the world to help small businesses and employment during the coronavirus crisis, such as the Main Street Lending Program and the Paycheck Protection Program Liquidity Facility by the Federal Reserve in the United States," said Shan.

"For many of our members, the (cost) of the raw material could be as much as 60 or 70 percent of the cost of the finished parts," Hardy added. "So, the increase is significant."

"Finally, we have been asked to do a simulation in case of a postponement," said one of the sources, an official close to the organizing committee who is involved in looking at such scenarios.

"For Beingmate, this would serve as an opportunity to secure new strategic partners and strengthen its financing channels to keep its independence in terms of operations," Song said.

"Financial supports would help small and micro enterprises to better recover their business, amid the global COVID-19 pandemic," said Qiu Yitong, director of the local financial supervisory authority.