China's premier Li Qiang announces plan for 1 trillion yuan ultralong special treasury bonds to stimulate investment and stabilize growth.

China's Premier Li Qiang stated at the China Development Forum that the nation's low inflation and central government debt allow for further macroeconomic policy steps. Li emphasized increasing domestic demand, equal treatment for domestic and foreign businesses, and improving market access, supply, and cross-border data flows. Ultralong special treasury bonds worth 1 trillion yuan are planned to stimulate investment and stabilize growth.

March 24, 2024
3 Articles