With a low inflation rate and low debt level with the central government, there is still ample room for China to adopt more proactive fiscal and monetary policies to boost the economy
As the meeting recognized that insufficient effective demand is the first problem now, expansionary fiscal policy should pay more attention to boosting consumption
It signaled that the overall focus of China's financial policy in the coming period is on strengthening financial supervision and the prevention and resolution of financial risks
In the long run, it will not be able to stop the rise of China’s EV cars, nor boost the competitiveness of European car makers
With growing external and internal challenges, China should further liberalize restrictions over foreign investment to enhance foreign investors’ confidence in the Chinese market
The government vowed that China is committed to high-level openingup and building an open economic system, welcoming international investors to explore the Chinese market