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Economic policy to be fine-tuned for growth

By Wang Yanfei | China Daily | Updated: 2018-08-02 07:24

Economic policy in the year's second half will be fine-tuned with targeted measures expected to cushion downside risks, experts said on Wednesday. They commented on the meeting of the Political Bureau of the Communist Party of China Central Committee held the day before.

While major policy shifts are not likely, more concrete steps and more flexible tools will be used to stabilize the economy, including moves to continue to soothe financial markets and stronger support for infrastructure construction, experts said.

China must coordinate efforts and policies to stabilize employment, finance, foreign trade, foreign and domestic investment and expectations, according to a statement issued after the meeting on Tuesday, Xinhua News Agency reported.

Economic policy to be fine-tuned for growth

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