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China’s economic recovery not strong enough, Communist Party official says

2024.07.18 23:49

BEIJING (Reuters) – China’s economic recovery is not strong enough and the government needs to implement macro policies more effectively, said the senior Communist Party official for financial and economic affairs on Friday.

© Reuters. FILE PHOTO: A person walks past a construction site in Beijing's Central Business District (CBD), China July 14, 2024. REUTERS/Tingshu Wang/File Photo

China should speed up the issuance and use of special treasury bonds, Han Wenxiu, deputy director in charge of the party’s financial and economic affairs, said at a news conference in Beijing following a key party meeting that closed on Thursday.

Monetary policy should be flexible, moderate, accurate and effective, Han added.



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