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The National Development and Reform Commission (NDRC) said downward pressure on the Chinese economy is increasing.
Key Takeaways
- Chinese economy is stable and ZHAO from NDRC confident of achieving economic growth goals.
- China’s state planner Vice Chairman said they will adopt multiple measures to stimulate the private sector.
- Local governments aim to complete special bond issuance by the end of Oct.
- Plans to issue 200 billion Yuan in advance budget spending and investment projects from next year.
