Multiple foreign financial institutions and their analysts have drawn great confidence in their prospects in the Chinese market from the ongoing two sessions, highlighting China's innovation-driven growth and sustainability. "For many multinational companies, China is and will remain an important market.
BEIJING, March 6 (Xinhua) -- China will roll out new interest subsidy policies on certain loans to ease financial burdens on individuals and businesses to stimulate consumption, Minister of Finance Lan Fo'an said Thursday. The fiscal interest subsidies will be provided to personal consumer loans in key sectors and business loans in industries closely related to daily life, such as catering, hospitality, healthcare, elderly care, childcare, and domestic services, Lan told a press conference on the sidelines of the third session of the 14th National People's Congress.
BEIJING, March 6 (Xinhua) -- China will accelerate efforts to research and reserve new supportive policies to stabilize foreign trade, which will be introduced promptly when needed, Commerce Minister Wang Wentao told a press conference Thursday. The policies aim to address pressing challenges while promoting high-quality trade development, Wang said, stressing all-out efforts to stabilize foreign trade.
BEIJING, March 6 (Xinhua) -- China's local government debt risks have been effectively mitigated, Minister of Finance Lan Fo'an told a press conference on Thursday. As of Wednesday, local governments had issued bonds totaling 2.
