- China’s Communist Party Politburo says will take measures to expand domestic demand
Market news
30 July 2019
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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