MNI China Daily Summary: Friday, April 26

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MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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MNI BRIEF: China Vows Consistent, Predictable Macro Policies

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MNI (Beijing)
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China will boost consistency of its macro policies, within a stable and predictable policy environment, while speeding up the development of “new productive forces”, according to a Politburo meeting presided over by President Xi Jinping on Thursday.

Proactive fiscal policy must be moderately intensified while improving efficiency, and prudent monetary policy must be “flexible, appropriate, precise and effective”, the meeting emphasised. (See: MNI INTERVIEW: PBOC To Boost Targeted Facilities - Advisor)

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China will boost consistency of its macro policies, within a stable and predictable policy environment, while speeding up the development of “new productive forces”, according to a Politburo meeting presided over by President Xi Jinping on Thursday.

Proactive fiscal policy must be moderately intensified while improving efficiency, and prudent monetary policy must be “flexible, appropriate, precise and effective”, the meeting emphasised. (See: MNI INTERVIEW: PBOC To Boost Targeted Facilities - Advisor)

Keep reading...Show less