ECONOMIC NEWS
China will maintain prudent monetary policy By Reuters
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BEIJING (Reuters) – China will increase counter-cyclical adjustment of macroeconomic policies and will maintain a prudent monetary policy, China State Council said in a statement on Sunday.
China will keep liquidity reasonably ample and keep appropriate growth in social financing, the government said following a meeting of the Financial Stability and Development Commission (FSDC) on Aug 31, Saturday.
It will implement a proactive fiscal policy and will better integrate fiscal, financial and monetary policies.
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