The Chinese economy will grow beyond 5 percent this year if the government adopts more proactive fiscal and monetary expansion to stimulate domestic investment and consumption, said Justin Yifu Lin, d
Tag: countercyclical
China\’s central bank vows strong support for economy in 2024
BEIJING, Jan. 5 (Xinhua) — China\’s central bank vowed to provide strong and effective support for steady economic growth and high-quality development this year at a work conference in Beijing on Thur
Intensified govt policy support set to boost economic growth in Q4
SONG CHEN/CHINA DAILY
China\’s credit is expanding again. The country\’s total social financing increased by over 3 trillion yuan (about $412 billion) in August, the second-highest level recorded in his
China not \”shutting down\” IPOs: securities regulator
BEIJING, Sept. 15 (Xinhua) — The China Securities Regulatory Commission (CSRC) and stock exchanges did not suspend the acceptance, review, and registration of initial public offerings (IPOs), and the