Market news
30.07.2019, 10:19

China’s Communist Party Politburo says will take measures to expand domestic demand

  • Economic operations remained within a reasonable range in the first half of 2019
  • Economy faces increasing downwards pressure
  • To stabilize investment in the manufacturing sector
  • Reaffirms efforts to stabilize employment, investment and foreign trade
  • To make fiscal policy more effective
  • Says won't resort to using property/real estate as short-term stimulus measure
  • To boost consumption with more reform-linked measures
  • Says will continue to cut fees, taxes
  • Will keep monetary policy neither too tight or too loose
  • Will keep liquidity reasonably ample
  • Will deal with trade issue with effective measures


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