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China's fiscal policy should work.......>

CHINA PRESS
CHINA PRESS: China's fiscal policy should work alongside its monetary policy to
serve the real economy more efficiently, stated Chinese Premier Li Keqiang,
according to Xinhua News Agency. 
  - China will avoid a deluge of new stimulus policies, instead tailoring
policies to different situations and maintaining stable macro policies, Li said,
according to Xinhua. 
  - Local governments should accelerate the pace of issuing government bonds,
using a total of CNY1.35 trillion in such bonds to support infrastructure
projects, Li added.
  - China will ensure that the state financing guarantee fund is delivered,
targeting CNY140 billion in loans for 150 thousand small- and micro-sized
enterprises, Li said, according to Xinhua.

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