News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
CN to Fortify Counter-Cyclical Macro Policy Adjustments for Economic Downward Pressure: NDRC Chair
When introducing the implementation of a package of incremental policies during a press conference at the State Council Information Office, National Development and Reform Commissi...
Reset
Send
The window will close in 5 seconds
CN to Fortify Counter-Cyclical Macro Policy Adjustments for Economic Downward Pressure: NDRC Chair
Close
Recommend
48
Positive
75
Negative
38
 
 

When introducing the implementation of a package of incremental policies during a press conference at the State Council Information Office, National Development and Reform Commission (NDRC) Chairman Zheng Shanjie stated that in response to new situations and issues in the current economic operation, China is intensifying the introduction of a package of incremental policies to promote a sustained economic recovery.

In view of the downward pressure in economic operations, Zheng noted that it is necessary to strengthen counter-cyclical macro policy adjustments, with all sectors continuing to exert effort and provide more support.

Related NewsCICC: Sector Outlook Rather Positive Even Though CN Banks' 3Q Results Are Relatively Muted
To address issues including insufficient domestic effective demand, the focus of expanding domestic demand policies should be more on benefiting people's livelihoods and promoting consumption, while actively leveraging the role of investment in driving economic growth, Zheng added.

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.