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Moral Support from Beijing to the Chinese Market

At the meeting held by the Chinese economic administration, positive messages were given on issues such as solving real...

Moral Support from Beijing to the Chinese Market
Yazar: James Gordon

Yayınlanma: 17 Mart 2022 00:13

Güncellenme: 5 Mayıs 2024 17:09

Moral Support from Beijing to the Chinese Market

At the meeting held by the Chinese economic administration, positive messages were given on issues such as solving real estate risk and the public offering of Chinese companies abroad. An increase was observed in the Chinese market after the announcements.

China stated that they take into account every policy that supports financial markets and economic growth in order to address these issues that investors are concerned about. Based on the news of Xinhua, at the meeting, which was also attended by the economic administration on Wednesday, it was decided that the monetary policy should be proactive in the scope of economic support in the first quarter and that the loans would grow proportionally. In the statements made at the Financial Stability and Development Committee meeting held under the chairmanship of Liu He, Deputy Prime Minister of the People's Republic of China, he stated that decisions were taken on new issues that would prevent and bring solutions to the risks that may arise for construction companies, and that these policies to be put into practice will help China create a new development model. was also underlined. In the continuation of the meeting, it was stated that public offerings would be supported. It was stated that positive progress has been made in the listing of Chinese companies in the USA by regulatory agencies in China and the USA, and work is being done on a detailed coordination plan. The report, published at the end of the Financial Stability and Development Committee meeting, quickly completed the regulatory work of the authorities on internet companies and underlined the need to implement a "standard, clear, and predictable" system. The Committee also called for decisions that will contribute to the healthy and stable development of platform economies, emphasizing the need to improve the global competitiveness of these platforms.
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