Proactive and prudent policies to shore up growth in second half
By Chen Jia | China Daily | Updated: 2019-08-01 07:35
A proactive fiscal policy that is in sync with the nation's prudent monetary stance will help ensure stable economic growth during the second half of the year, top economists said on Wednesday.
Stronger supportive measures are expected, including further implementation of tax and fee cuts and targeted monetary easing, to stabilize employment, trade, financial markets, investment, foreign capital, and expectations, economists told China Daily after a meeting of the country's policymakers.
The Political Bureau of the Communist Party of China Central Committee held a meeting on Tuesday and said that the nation will continue to implement a proactive fiscal policy and a prudent monetary policy in the second half of this year.
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