Premier Li Qiang chaired a State Council executive meeting on November 6, directing authorities to improve the capital market stabilization mechanism and enhance the stock market's internal stability. The meeting emphasized promoting the steady and healthy development of China's capital markets as part of broader economic policy coordination.
The government also outlined plans to fully utilize various policy funds to strengthen fiscal-financial coordination in boosting domestic demand. Additional priorities include continuing to defuse risks in local government debt and small and medium-sized financial institutions, while studying approaches for next year's economic work with strengthened cross-year policy coordination.
China State Council Orders Improved Capital Market Stabilization Mechanism
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