China May Rely More on Fiscal Measures to Promote Growth: Yicai

China’s Fiscal policies may play a bigger role in stabilizing growth next year, while monetary policies are likely to lean toward limited loosening to coordinate with fiscal stimulus, Yicai.com reported. China may further lower banks’ reserve requirement ratios and moderately lower policy rate if necessary, it said. Monetary policies will also need to be designed to boost financial support to small businesses, which face weak demand, insufficient cash, and impact from government policies, the news site said. China is likely to maintain tight controls over real estate while taking measures to ensure the sector’s “soft landing,” it said.