Check-Cap to merge with MBody AI in embodied AI workforce push
Investing.com -- China plans to enhance its policy toolkit and manage capacity in key industries to better coordinate domestic economic work with international trade challenges, according to the head of China’s state planning agency.
Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), told lawmakers on Wednesday that China should conduct regular policy research and preparation while accelerating the launch of new policy-based financial instruments in the second half of the year, state-run Xinhua reported.
The NDRC chief called for implementing "a more proactive fiscal policy and a moderately loose monetary policy to fully unleash their effects," according to state media.
Zheng emphasized the need to stimulate market vitality, boost consumption, and coordinate efforts to promote a reasonable recovery in price levels. He also mentioned plans to orderly advance construction of the Yarlung Zangbo River hydropower project.
The state planner aims to comprehensively rectify disorderly and irrational competition while promoting capacity governance in key industries, part of a broader strategy to address both domestic economic priorities and international trade tensions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.