5 March government work report states China will address real estate, local government debt, and small-medium financial institution risks to maintain economic stability.
China will tackle risks in real estate, local government debt, and small-medium financial institutions to maintain overall economic and financial stability, according to a government work report submitted on 5 March. Efforts will be made to prevent and defuse risks in key areas, while fostering a new development model for real estate and ensuring energy security. China aims to deepen measures addressing financial risks and "hidden dangers" at the National People's Congress.
March 05, 2024
6 Articles