China's Politburo sends key message about policies to boost economy growth

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China’s economic development faces new challenges as coronavirus spreads globally and China will make more efforts to boost the economy, the Politburo, the country's top decision-making body, said at a policy meeting chaired by Chinese President Xi Jinping on Friday.

The government will step up macro policy adjustments and effectively expand domestic demand in a bid to achieve full-year economic and social development targets, it said.

Fiscal policy needs to be more proactive, prudent monetary policy needs to be more flexible, it said.

Beijing set a goal of doubling . . .

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