Free Trial

China to Boost Support for SMEs to Sustain Recovery: Daily

CHINA PRESS
MNI (Sydney)

China will step up support for small businesses, including providing more financial and fiscal support, to revive weak private investment and further this year's growth momentum, the Economic Information Daily said in an analysis of the current state of the economy. While growth is likely to exceed 10% in Q1, partly due to last year's lower base of comparison, central and local planning and finance officials are urging quicker starts for infrastructure investment projects and more tax cuts to prevent a slowdown later this year, the newspaper said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.