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China To Increase Macro-policy Intensity - Finance Minister

CHINA PRESS
MNI (Singapore)

China will increase the intensity of macro policies and expand domestic demand, to boost confidence and prevent risk, said Finance Minister Liu Kun. The ministry will improve the implementation efficiency of proactive fiscal policy and speed up fiscal spending. Local governments will have issued this year's new special bonds before the end of September and they will use the funds for project construction by the end of October. The ministry will expand the scope of fund use to help drive private investment, strengthen project reserves and post-investment management. (Source: Xinhua News Agency)

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