News

China NBS Chief Ning: Economy showed positive changes in Q4, especially in Nov and Dec

Following the release of the fourth-quarter Chinese GDP data and December activity numbers, China’s National Bureau of Statistics (NBS) Chief Ning is out on the wires now, via Reuters, expressing his take on the macro data.

The economy showed positive changes in Q4, especially in November and December.

China will maintain proactive fiscal policy and prudent monetary policy in 2020.

China will ensure economic growth in a reasonable range in 2020.

Normal for GDP growth to fluctuate.

China does not deliberately pursue high economic growth.

China will roll out more support measures in 2020 as economy faces downward pressure.

US-China trade deal beneficial for market expectations on China's economy, global economy.

China will keep policies forward-looking, targeted and effective this year.

China will continue supply-side reforms.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.