Measures will be taken to boost the economy during the first quarter – Xinhua

Early Wednesday morning in Asia, Reuters shared Chinese Vice Premier Liu He’s remarksreported on Xinhua news, while the diplomat was chairing a meeting on the economy and capital markets.

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Monetary policy should take initiatives to support the economy.

will keep a adequate growth in new loans.

Will make a timely investigation and strong measures will be taken to prevent risks among real estate developers.

The talks between China and US regulators on Chinese listed companies in the United States have made positive progress.

China and US regulators are working on specific cooperation plans.

The Chinese government continues supporting companies to list abroad.

Communication and coordination with Hong Kong regulators in financial markets will be intensified.

China will implement market-friendly policies and will cautiously reveal policies with a contractionary effect.

China welcomes long-term institutional investors to increase equity holdings.

Capital markets will remain stable.

Source: Fx Street

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