The State Council Information Office of the Chinese mainland held a press conference today focused on strengthening countercyclical adjustments in fiscal policy. The aim is to promote high-quality economic development across the region.
Lan Fo'an, the minister of finance, addressed questions from the media, outlining key measures designed to stabilize the economy amid global uncertainties. These initiatives include increased public investment, support for key industries, and incentives for innovation and sustainable practices.
By implementing these fiscal strategies, the Chinese mainland seeks to maintain steady economic growth, support businesses, and enhance the overall quality of life for its residents. This move underscores the commitment to adapting fiscal policies in response to changing economic landscapes and ensuring long-term prosperity.
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Live: SCIO presser on fiscal policy to promote economic development
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