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CN NDRC Won't Withdraw, Reduce Policies Favorable to Firms' Production & Operation, Increase Investments in White List Loan
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Zheng Shanjie, Chairman of the National Development and Reform Commission (NDRC), said in a press conference held by the State Council Information Office introducing the implementation of a package of incremental policies related to the situation that the authority will accelerate the legislative process of the law on the promotion of the private economy to create a favorable environment for the development of the non-public sector of the economy. The authority will not withdraw and reduce policies favorable to the production and operation of enterprises and healthy development, and will expand the policy of renewing loans without principal repayment from small and microenterprises to medium-sized enterprises in phases. Such policies has already been introduced, and more enterprises will enjoy the benefits. The NDRC will increase its investment in “white list” project loan, and use special bonds and others to support and revitalize stock idle land, adjust the home purchase policy, release the demand for rigid and affordable housing, accelerate the digestion of existing commercial housing, reduce the interest rates on existing mortgages and grasp policies that improve land, property tax, finance and others, so as to accelerate the construction of a new real estate development model, Zheng added. AAStocks Financial News |
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