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Economy to get greater financial policy support

CHINADAILY  · 公众号  · 时评  · 2024-07-23 10:51

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Editor's note: The third plenary session of the 20th Central Committee of the Communist Party of China has unveiled a road map for further comprehensively deepening reform in various sectors to advance Chinese modernization in the new era. China Daily is running a series of stories focused on specific reform measures and the implementation of the measures in different sectors and localities. ▲ Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China cut key interest rate benchmarks on Monday, demonstrating policymakers' strong commitment to strengthening macroeconomic policy support and putting into effect the measures outlined last week at a key meeting of the central leadership of the Communist Party of China, economists and analysts said. With the top-level meeting having mapped out reforms to bolster financial support for the real economy, they said China will likely take more action soon to enhance the effectiven ………………………………

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