Policymakers plan steps to support real economy

Investors are looking for fresh cues on possible monetary policy moves, amid growing concerns that lingering trade tensions will prompt policymakers to consider more easing measures.

A regular monetary policy committee meeting of the People's Bank of China, the central bank, has led to discussions on possible monetary policy adjustments - whether it will follow the other major central banks to ease policy, especially through cutting the long-term unchanged benchmarked interest rates.

"Once the United States Federal Reserve cuts policy rates at the end of July and economic growth downside risks increase, China may follow the Fed in cutting interest rates, if there is no major change in the inflation levels," said Li Chao, chief researcher of Huatai Securities.