China's Premier Li Qiang spoke on Sunday at the China Development Forum in Beijing. He said that the nation’s inflation rate and the central government's debt burden are relatively low, leaving more room for further macro policy steps, per Reuters.
Key quotes
“Aims to increase domestic demand.”
“All domestic and foreign businesses will receive equal treatment under policies aimed at boosting domestic demand.”
“China's low inflation, low central government debt ratio means there is ample room for macro policy.”
“Promised to improve market access, supply and demand matching, and cross-border data flows.”
“Issuance of ultralong special treasury bonds worth 1 trillion yuan will effectively stimulate investment and stabilize economic growth.”
“Measures taken to defuse property and debt risks have proven effective.”
“Working to prevent system risks, push for long-term and healthy development of China's economy
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