July 29, 2022 - 12:13 PM 257 views
Following its quarterly economic conference, China's Communist Party Politburo released a statement late on Thursday. The important points are listed below.
It was almost universally accepted that the nation will fall short of its yearly growth goal in 2018.
Showed that they would continue to implement zero-tolerance COV prevention strategies.
Would only take precautions to help the faltering real estate market.
Would want to maintain "a acceptable range" of economic activity in the second half of the year.
Separately, a representative of the Chinese Commerce Ministry stated that "further measures are needed to raise consumption" and that the "basis for consumption recovery is not yet firm."
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