China's central bank will step up support for private firms as part of steps to shore up the economy, while easing a crackdown on tech companies, Guo Shuqing, Communist party chief of the People's Bank of China, told state-owned CCTV on Sunday. A restoration of apps would also signal Didi's completion of its one year and a half-long regulatory-driven revamp, and will come after the powerful cyber watchdog Cyberspace Administration of China ( CAC ) imposed in July a $1.2 billion fine on the company. Didi already last year paid the fine, the largest regulatory penalty imposed on a Chinese tech firm since Alibaba (NYSE: BABA ) Group and Meituan were fined $2.75 billion and $527 million, respectively, in 2021 by the antitrust regulator State Administration for Market Regulation, said two of the sources. Didi did not immediately respond to a Reuters request for comment.