People familiar with the matter revealed that the Chinese government is considering the introduction of a package of policy measures to promote the rise of China's economy as weakened and the global demand is cooling.
According to Bloomberg News Agency on Tuesday (June 13), people familiar with the matter reported that the above -mentioned plans drafted by multiple government departments include at least a dozen measures to support real estate and boost domestic demand;Measures also include interest rate cuts.
People familiar with the matter said that the above plan has not yet been finalized. The Chinese State Council discussed this Friday (16th), so the plan may change.It is not clear that the scheme announced and implemented timetable, and other details have not yet been clear.
Bloomberg reported in early June that China is considering the implementation of a package of real estate policies and measures to boost the economy.A person familiar with the matter said that the regulatory agency considers reducing the interest rate of the stock mortgage and further providing more financing support for the preservation of the insurance buildings through policy financial instruments.
After nearly 10 months, the People's Bank of China lowered the short -term policy interest rate 10 basis points on Tuesday, and promoted the market's expectations of the interest rate of interest rates (MLF) interest rates in mid -Thursday.
It is reported that although investors may welcome the Chinese government to further support the economy, whether this can restore investors' confidence in the Chinese economy to a large extent depends on the final scale of stimulus measuresAnd specific content.Worried about financial vulnerability, especially the liabilities of local governments and real estate developers, also allows decision makers to be cautious about the implementation of a large -scale stimulus plan.
