In a recent discussion with CGTN's Zhu Zhu, Deborah M. Lehr, executive director of the Paulson Institute, highlighted the positive impact of the Chinese mainland's government policies on market confidence.
Lehr emphasized that the systemic measures implemented by the Chinese mainland are not only addressing current economic challenges but are also fostering a more resilient real estate market. These policies are effectively tackling local government debt issues and providing support to the private sector, thereby creating a more stable economic environment.
According to Lehr, these strategic actions are crucial for unleashing consumption potential and driving sustained economic growth. By reinforcing the foundations of key economic sectors, the Chinese mainland is setting the stage for a robust and dynamic market landscape that benefits both domestic and international stakeholders.
Reference(s):
Paulson Institute: Government actions boost economic confidence
cgtn.com
