Chinese Mainland’s SCIO Briefs Media on Investment and Fiscal Policies
Chinese mainland’s State Council Information Office held a press conference to discuss the latest investment trends, fiscal data, and upcoming economic policies.
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China’s Finance Minister Lan Fo’an announces a proactive fiscal policy, including a $550 billion quota for new special-purpose bonds to support economic recovery.
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China is set to achieve its 2024 GDP growth target of around 5% through strategic fiscal and monetary policies aimed at fostering innovation and sustainable development.