• China President Xi: Will step up fiscal support to border and less developed areas

Market news

19 April 2022

China President Xi: Will step up fiscal support to border and less developed areas

Chinese President Xi Jinping said on Monday that China plans to step up fiscal support to border and less developed areas, reported Chinese State Media according to Reuters. Xi added that China will step up data security in digital governance and financial support for tech innovations, as well as taking steps to ensure the security and stability of supply chains. 

The President's comments come after the country's National Development and Reform Commission (NDRC) announced that it would "roll out effective measures in a timely way to keep economic operations within a reasonable range". 

Read more here: China’s NDRC: To roll out effective measures to keep economic operations within reasonable range

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