China aims to maintain the economy in a reasonable range next year, according to a statement released after a meeting held by the politburo, a top decision-making body of the ruling Communist party, on Thursday.
Compared to the previous three politburo meetings this year, the latest one is sending a stronger signal that more efforts will be made to "stabilise the growth", bolstering higher expectations for more infrastructure spending, bigger-sized tax cuts and even relaxing real estate controls . . .
To continue reading, please subscribe. You will get
- Original and in-depth reporting with details, data and perspectives you don't read elsewhere
- THE WIRE - a real-time financial news platform focused on China
- Daily Brief newsletter to get you prepared for every trading day
- An indispensable and reliable source of information on China's economy and financial markets
We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.
Already have an account? Sign In