The Chinese Finance Minister, Lan Fo'an, announced a series of incremental fiscal policies aimed at supporting the economy in the near term. Speaking at a press conference on Saturday, Lan expressed confidence in the financial resilience of the Chinese mainland to achieve its yearly budget targets.
These new measures are designed to provide immediate relief and stimulate growth across various sectors, ensuring economic stability amidst global challenges. Lan emphasized the government's commitment to maintaining a robust economic environment and fostering sustainable development.
(With input from Xinhua)
Reference(s):
China to roll out policy measures to support economy: finance minister
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