China’s economic recovery not strong enough, Communist Party official says
11:25 pm Thursday, July 18th, 2024
BEIJING (Reuters) – China’s economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and economic affairs on Friday.
China should speed up the issuance and use of special treasury bonds, Han Wenxiu, deputy director in charge of the party’s financial and economic affairs, said at a news conference in Beijing following a key party meeting that closed on Thursday.
Monetary policy should be flexible, moderate, accurate and effective, Han added.
(Reporting by Joe Cash, Writing by Kevin Yao; Editing by Christian Schmollinger)
