Policies expected to ease financing pressure

Financial policies in support of China's private businesses and the economy as a whole are in place to prevent potential risks, the country's top financial regulatory body highlighted in a recent meeting.

The meeting of the State Council Financial Stability and Development Commission, the country's Cabinetlevel financial regulatory body, was chaired by Vice-Premier Liu He on Saturday.

Maintaining a prudent and neutral monetary policy, boosting the vitality of enterprises and better taking advantage of the capital market's financing function are the three pillars supporting healthy economic development, according to a statement issued after the meeting on the State Council's website.