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China aims to boost economy by encouraging banks to issue more loans and credit cards.
China's financial regulator has announced measures to boost consumer spending by encouraging banks to issue more loans and credit cards.
This move aims to stimulate the economy, which has been hampered by consumers preferring to save due to job security and economic concerns.
The measures include increasing financial support for sectors like retail, tourism, and healthcare, and improving digital and green finance solutions.
The government also plans to enhance oversight to protect consumer rights.
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China pretende impulsar la economía alentando a los bancos a emitir más préstamos y tarjetas de crédito.