China Vice-Premier Liu: China to expand financial support for quality GDP growth

Dhwani Mehta FXStreet

Reuters reports the latest comments delivered by the Chinese Vice-Premier Liu He, as he speaks in Shanghai.

Liu said that China will expand financial support for quality GDP growth.

Additional Comments:

China needs to optimize supply side system.

China to strengthen fair market competition.

China continues to push ahead with economic rebalancing.

Growth, employment, balance payment within reasonable range.

China’s long-term growth trend will not change.

China’s has sufficient policy tools to meet its challenges.

China’s economy is facing external pressure.

China must prevent spreads of cross market risks.

China needs to focus on needs of smaller firms.

China to step up counter cyclical measures.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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