China's top leadership vows to step up macro policies, expand consumption

Source: Mysteel Aug 01, 2024 14:00

China has vowed to step up macro policies and stabilize market confidence to ensure that leadership's full-year economic growth goal is achieved as the economy faces increasing negative factors from the outside world and insufficient demand at home.

The Politburo, the top decision-making body of China's Communist Party, held a meeting on July 30 to study the economic situation, deploy economic work for the second half of the year, with Chinese President Xi Jinping presiding over the meeting, reported the official Xinhua News Agency. The changes in the