China unveils detailed stimulus policies to support virus-hit economy

China unveils detailed stimulus policies to support virus-hit economy

China’s Cabinet unveiled a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive a pandemic-ravaged economy, saying it will inspect how provincial governments implement them. The stimulus package, which was flagged by China’s State Council in a routine meeting last week, underscores Beijing’s shift toward growth, after draconian COVID-19 […]

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