Caixin
Apr 30, 2022 03:41 AM
ECONOMY

Caixin Explains: The Politburo’s Strong Pro-Growth Signal

A public screen displays an image of Chinese flags in Shanghai
A public screen displays an image of Chinese flags in Shanghai

China’s top policymakers sent a strong pro-growth signal to the market Friday by issuing a sweeping set of pledges to stimulate the economy, emphasizing infrastructure, real estate and internet platform companies.

China will step up policy support for the economy in the face of rising risks and challenges brought by domestic Covid-19 outbreaks and the war in Ukraine, according to a statement issued following a quarterly economic meeting of the 25-member Politburo headed by President Xi Jinping.

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