The top Chinese policy deciders met to discuss the economic picture from the first half of the year.
- To keep economic performance within reasonable range
- Will pre-emptively fine tune economic policy
- Agrees to coordinate tasks on stabilising growth and promoting reforms
- Will continue to deepen reforms in H2 and implement pro-active fiscal reforms
- Will keep a steady and healthy development of property market
- Looks to broaden financing channels for businesses and keep reasonable investment growth
- To actively and steadily advance urbanisation
The Chinese economy has slowed in the last 9 out of 10 quarters.
