China’s central bank will step up support for private firms as part of steps to shore up the economy, while easing a crackdown on tech companies, Guo Shuqing, Communist party chief of the People’s Bank of China, was quoted by state media as saying.
“Prudent monetary policy will be precise and forceful. That requires focus on expanding effective demand and deepening the supply-side structural reforms,” Guo said.
Authorities aim to widen financing channels for private firms, supporting their stock and bond issuance, Guo said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
More jobs in PH with investments from China, says DTI chiefMANILA, Philippines — More investments from China in the Philippines will mean more jobs for Filipinos, Department of Trade and Industry (DTI) Secretary Alfredo Pascual. Pascual was able
Baca lebih lajut »
China builders’ rally poised to continue on govt support | Bloomberg NewsThe surge in Chinese builders’ stocks and dollar bonds isn’t over as buying momentum driven by supportive government policy is likely to persist, some investors say. The recovery has been driven by a flurry of measures aimed at stemming China’s property crisis, after efforts to crack down on debt-fueled speculation…
Baca lebih lajut »
Bilateral agreements with China aligned with PH dev’t plan — Neda chiefThe new bilateral agreements that President Ferdinand Marcos Jr. entered into with China will support the Philippine Development Plan, according to National Economic and Development Authority chief Arsenio Balisacan. | JMangaluzINQ
Baca lebih lajut »
PH agreement with China to revive country’s steel industry — envoyThe signing of bilateral agreements between President Ferdinand “Bongbong” Marcos Jr. and Chinese President Xi Jinping is expected to revive the country’s steel industry, the Philippine envoy to China said Saturday.
Baca lebih lajut »
Filipinos' situation in China stable despite spike in COVID-19 cases — PH ambassadorThe situation of Filipinos in China remained stable despite the increase in COVID-19 cases there, Philippine Ambassador to Beijing Jaime FlorCruz said Saturday.
Baca lebih lajut »
China’s ‘great migration’ kicks-off under shadow of COVIDChina marked the first day of “chun yun,” the 40-day period of Lunar New Year travel known pre-pandemic as the world’s largest annual migration of people, bracing for a huge increase in travelers and the spread of COVID-19 infections. | Reuters
Baca lebih lajut »