China’s economy is showing strong signs of a robust rebound, propelled by a series of proactive policies implemented by the government. Recent measures have not only bolstered market confidence but also significantly enhanced market vitality.
The accelerated introduction of incremental policies has provided clear direction for the market. These include more proactive fiscal and monetary policies, alongside special support for the real estate sector, capital markets, and the real economy.
Specific actions such as tax and fee reductions, increased credit supply, and optimization of the business environment have effectively reduced operating costs for enterprises. These steps have invigorated market entities, leading to improved expectations and a surge in economic activities.
The comprehensive policy support underscores China’s commitment to sustaining economic growth and stability. By fostering a favorable environment for businesses and investors, China aims to maintain its dynamic role in the global economy.
Reference(s):
China's economic rebound becomes more robust, driven by policy support
cgtn.com