- China’s NDRC: We pledge to keep the economy within reasonable bounds
Market news
16 August 2022
China’s NDRC: We pledge to keep the economy within reasonable bounds
The National Development and Reform Commission, the country’s state planner, reiterated on Tuesday, “we pledge to keep the economy within reasonable bounds.”
Additional comments
Macro policies should be strong, reasonable and moderate in expanding demand actively.
Approved 65 fixed-asset investment projects worth a total of 1.028 trillion yuan in Jan July.
Approved 8 fixed-asset investment projects worth a total of 236.8 billion yuan in July.
Separately a PBOC-backed financial news reported earlier on, “China requires additional policy stimuli to boost economic growth.”
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