August 01, 2024 03:06 GMT
MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC
MNI (BEIJING)
MNI (Beijing)
Policy NewsCentral Bank NewsPBOCAPACChinaEM Policy NewsEM Policy StoryEM BriefEM Central Bank NewsPeoples Bank of ChinaBriefStoryRegion
Authorities retain ample room for counter cyclical policy adjustments in H2 as the government remains confident in achieving this year's economic targets, said Zhao Chenxin, deputy director at the National Development and Reform Commission on Thursday.
Speaking to reporters, Zhao said the economy in H2 will benefit from accelerating issuance of government bonds and the recovery of trade with emerging economies.
China’s Third Plenum reforms granting municipalities full autonomy over their housing markets will stimulate property demand, as remaining first-tier cities loosen restrictions, advisors and analysts told MNI. (See: MNI: Further Easing To Boost Property After China’s 3rd Plenum)
Keep reading...Show less
98 words