<\/p>\n
China\u2019s Politburo, the country\u2019s top leadership, held a meeting on Thursday, with the key highlights noted below.\u00a0<\/p>\n
\nAnalysed current economic situation and work, plan for future economic works.<\/p>\n
Will step up the force of counter-cyclical adjustments of fiscal and monetary policies.<\/p>\n
Fundamentals of china’s economy and the favorable conditions such as broad market, strong economic resilience and great potential have not changed.<\/p>\n
Will ensure necessary fiscal spending.<\/p>\n
Will increase the income of low- and middle-income groups and improve the consumption structure.<\/p>\n
Will strive to achieve full-year economic, social development targets and tasks.<\/p>\n
At present, there are some new conditions and problems in economic operation.<\/p>\n
The quality of real estate market should be improved, and ‘white list’ project loans should be increased.<\/p>\n
Will make efforts to stop the falls in property market to get it stabilised.<\/p>\n
Will strictly control the new amounts of commercial homes construction.<\/p>\n
Will increase efforts to attract and stabilize investment.<\/p>\n
Necessary to support and regulate the development of social forces in the old-age care and childcare industries.<\/p>\n
Will pay close attention to improving the system of childbirth support policies.<\/p>\n
Will strive to stimulate capital market, make great efforts to guide mid- to long-term capital enter the market.<\/p>\n
Will attract and stabilize investment, step up the promotion and implementation of reform measures such as foreign investment access in the manufacturing sector.<\/p>\n
Will focus on employment of key groups such as fresh college graduates, rural migrant workers.<\/p>\n
Will study and roll out policy measures to protect small and medium-sized investors.<\/p>\n
It is necessary to do a good job in ensuring the supply and stable prices of food, water, electricity, heat, and other important materials.<\/p>\n
Will introduce private economy promotion law to create positive environment for non-public sector economic development.<\/p>\n<\/blockquote>\n
Market reaction<\/strong><\/h2>\n