BEIJING: China should resolutely implement macroeconomic policies to stimulate demand and stabilise growth as social demand has not yet been fully unleashed in the short term, according to economists.
China’s top leadership stressed that macroeconomic policies should play an active role in expanding demand, and fiscal and monetary policies should effectively make up for the lack of social demand, according to a statement issued after a meeting of the political bureau of the Communist Party of China Central Committee on July 28.
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