EVENT INFORMATION

26
September
2024

Politburo calls for stronger countercyclical economic support

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📅 26 September 2024 📍 China

The Politburo called for forceful fiscal and monetary measures, support for local governments, stabilization of property markets and stronger capital markets. The announcement recognized the depth of demand and debt pressures; the chosen response leaned on state coordination and investment rather than a broad shift of income toward households.

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People in this event

Xi Jinping

local governments

households

Organizations in this Event

CPC Politburo

State Council

People’s Bank of China