China is gearing up to keep the cash flowing! 🤑 At a press conference on Saturday, Finance Minister Lan Fo'an announced three pivotal measures to maintain necessary fiscal expenditure:
- Ensure Key Expenditures Are Fully Met: The government is committed to funding essential sectors to keep the country running smoothly.
- Enhance Counter-Cyclical Regulation of Fiscal Expenditures: By adjusting spending in response to economic ups and downs, China aims to stabilize its economy.
- Achieve Annual Economic and Social Development Goals: These steps are all about hitting this year's targets and boosting overall growth.
These moves are set to play a crucial role in China's economic journey, promising a steadier financial footing and a brighter outlook for development. Stay tuned for more updates! ✨
Reference(s):
China to take 3 measures to maintain necessary fiscal expenditure
cgtn.com
