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Add as a preferred source on Google China NDRC - Key takeaways The National Development and Reform Commission (NDRC) said downward pressure on the Chinese economy is increasing. Key Takeaways Chinese economy is stable and ZHAO from NDRC confident of achieving economic growth goals. …
By FxWirePro Team Oct 8, 2024, 4:15 AM UTC
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The National Development and Reform Commission (NDRC) said downward pressure on the Chinese economy is increasing.
Key Takeaways
Chinese economy is stable and ZHAO from NDRC confident of achieving economic growth goals.
China’s state planner Vice Chairman said they will adopt multiple measures to stimulate the private sector.
Local governments aim to complete special bond issuance by the end of Oct.
Plans to issue 200 billion Yuan in advance budget spending and investment projects from next year.
Economy Annual growth eased from 7.6% in August, while yen-based import prices rose 24.5% from a year earlier.
Economy The poll also found that 54.4% said their household circumstances had worsened, while 88.6% expected prices to rise over the next year.
Economy The count was 403 a year earlier, while the combined face value was ¥1.6593 trillion, compared with ¥1.4905 trillion.
