Free Trial

CHINA PRESS: Fiscal Policy To Exert As Soon As Possible

CHINA PRESS

Fiscal policy should be more proactive with expenditure outlays as soon as possible, while a moderately loose monetary stance should maintain ample liquidity and ensure funds enter the real economy, Xinhua News Agency reported, citing Premier Li Qiang. Authorities will closely monitor changes in the domestic and international situation and adjust policy measures in a timely manner, while deepening reform and opening up, said Li. China needs to focus on breakthroughs in core and cutting-edge technologies, while also increasing residents' income and reducing household burden, Li added.

87 words

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.

Fiscal policy should be more proactive with expenditure outlays as soon as possible, while a moderately loose monetary stance should maintain ample liquidity and ensure funds enter the real economy, Xinhua News Agency reported, citing Premier Li Qiang. Authorities will closely monitor changes in the domestic and international situation and adjust policy measures in a timely manner, while deepening reform and opening up, said Li. China needs to focus on breakthroughs in core and cutting-edge technologies, while also increasing residents' income and reducing household burden, Li added.