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China to step up policy adjustments to steady economy -Breaking

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© Reuters. FILEPHOTO: Face mask-wearing people walk along a Beijing street in the snow after the outbreak of COVID-19. This was at an area where there were many shops. It happened March 17th, 2022. REUTERS/Tingshu Wang

BEIJING (Reuters). – China will intensify macroeconomic policy adjustments to stabilize its economy in the face of increasing risks and challenges, according to state media. The Politburo is a high-ranking decision-making body within the Communist Party.

China will approve a series of policies that support COVID victims and small companies, the officials said, referring to a meeting of the board chaired President Xi Jinping.

The plan will support healthy growth of the real estate market and capital markets. It also ensures stable operation of capital markets.

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