China will intensify counter-cyclical adjustment of its monetary policy and create a sound monetary and financial environment for stable economic grow ...
The other striking result is that countercyclical fiscal policy—cutting taxes and increasing government spending to counter economic downturns and vice versa—is also heavily constrained under pegged ...
China is confident to achieve around 5-percent GDP growth target for 2024, and the country will step up counter-cyclical adjustments in fiscal policy in addition to monetary policy stimulus ...
The theme of the news conference is "intensifying countercyclical adjustment of fiscal policy to promote high-quality economic development." Chinese stocks pared losses made earlier in the session ...
China’s central bank and finance ministry held their first joint working group meeting on the treasury bond trade, a sign of closer monetary and fiscal policy coordination, as Beijing strives to ...