China's Politburo urges stronger fiscal policy
Akbar Novruz
Read moreThe Political Bureau of the Communist Party of China (CPC) Central Committee stated on Tuesday that national institutions should implement a stronger, more proactive fiscal policy to stabilize employment and markets, and ensure liquidity, AzerNEWS reports.
At a meeting dedicated to the economic situation in China, chaired by President Xi Jinping, the Politburo recommended "appropriately loose monetary policy" that would boost domestic demand, particularly for services and manufacturing output. It stressed the importance of stabilizing the yen and the property market.
Further, concerning the conflict in the Middle East, the Politburo noted the importance of a "systematic response to external challenges" and ensuring energy security.
Moreover, the Politburo urged promoting "technological self-sufficiency" and boosting the country's artificial intelligence (AI) capabilities.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!