China Focuses on Economic Recovery Through Policy Adjustments and Market Reforms

China will promote economic recovery and focus on expanding domestic demand
The central bank will make policy more "precise and forceful"
China will cut real lending rates and reduce financing costs
Efforts made to activate capital markets and boost investor confidence
Macro policy adjustments will respond to economic changes
Financial supervision will be strengthened
Risks will be prevented to promote sustained recovery
Yuan will be kept stable and foreign exchange market stability maintained
Yuan internationalization scheme will steadily advance
Overseas investment risks will be warned against and foreign currency assets safeguarded
Help resolve local government debt risks
Resolve default risks of big real estate enterprises
Prevent risk contagion in financial markets