Gov't Makes Two Moves to Ease Liquidity – Selectively

(Beijing) – The central government has made two separate moves recently to shore up the economy by easing liquidity in some sectors without overloading others.

The State Council, the country's cabinet, said on May 30 it will moderately lower the reserve-requirement ratio (RRR) for banking institutions if their loans to sectors that suited the demands of economic restructuring had reached a certain level.