Ample arrows in quiver to ride out storm


A view of the Huangpu River in Shanghai. - VC. - China Daily

China is preparing to roll out a series of incremental policy measures to stabilise the overall economy, with policymakers signaling stronger fiscal, monetary and consumption-boosting initiatives on Monday as part of its larger drive to reinforce recovery amid external headwinds.

"We will continue to enhance policy research, ensure sufficient contingency plans, refine the policy toolkit for stabilising employment and the economy, and promptly introduce incremental policies in reserve in response to evolving situations," said Zhao Chenxin, deputy head of the National Development and Reform Commission.

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