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Li Qiang Calls For Capital Market Support

MNI (BEIJING)
MNI (Beijing)
Central Bank NewsPolicy NewsPBOCAPACChinaBriefStoryRegion

Chinese Premier Li Keqiang has called on authorities to support the capital market and introduce more long-term capital, after chairing a State Council meeting to review capital-market operation, Chinese state broadcaster CCTV reported on Tuesday citing analysts.

The meeting emphasised efforts needed to improve market basic operation and balance investment with financing. Authorities should strengthen supervision and take effective measures to stabilise market confidence. Additionally, macroeconomic policy should conform and promote the stable and healthy development of the capital market.

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Chinese Premier Li Keqiang has called on authorities to support the capital market and introduce more long-term capital, after chairing a State Council meeting to review capital-market operation, Chinese state broadcaster CCTV reported on Tuesday citing analysts.

The meeting emphasised efforts needed to improve market basic operation and balance investment with financing. Authorities should strengthen supervision and take effective measures to stabilise market confidence. Additionally, macroeconomic policy should conform and promote the stable and healthy development of the capital market.

Keep reading...Show less