FILE PHOTO: A Chinese flag flutters in front of the Great Hall of the People in Beijing, China, May 27, 2019. REUTERS/Jason Lee
September 1, 2019
BEIJING (Reuters) – China will increase counter-cyclical adjustment of macroeconomic policies and will maintain a prudent monetary policy, China State Council said in a statement on Sunday.
China will keep liquidity reasonably ample and keep appropriate growth in social financing, the government said following a meeting of the Financial Stability and Development Commission (FSDC) on Aug 31, Saturday.
It will implement a proactive fiscal policy and will better integrate fiscal, financial and monetary policies.
(Reporting by Shivani Singh, Yawen Chen and Judy Hua; Editing by Raissa Kasolowsky)
