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Zhejiang’s tech boom boosts China’s stock market, per central bank chief.
Zhejiang province's rise in tech and innovation-driven firms has significantly contributed to China's recent stock market gains, according to People's Bank of China Governor Pan Gongsheng.
Speaking at the 14th National People's Congress, he highlighted the province's role in national economic growth and reaffirmed the central bank's commitment to a moderately accommodative monetary policy, low financing costs, and balanced policy implementation to support sustainable economic stability amid global and domestic challenges.
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El auge tecnológico de Zhejiang impulsa el mercado de valores de China, según el jefe del banco central.