China Outlines Economic Recovery Plan Focused on Domestic Demand, Preventing Risks
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China will promote economic recovery by expanding domestic demand and preventing financial risks.
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The central bank will make monetary policy more targeted and reduce financing costs.
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Efforts will be made to boost capital markets and investor confidence.
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Policies will respond to economic changes, strengthen supervision, and promote sustained recovery.
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The yuan will be kept stable, cross-border capital flows monitored, and foreign exchange stability maintained.