• Sun. Apr 14th, 2024

China’s Finance and Commerce Ministers Address Pressing Economic Issues at Annual Two Sessions

BySamantha Johnson

Mar 6, 2024
China’s ‘two sessions’ in 2024: A variety of monetary policy tools available to boost growth and stabilize prices.

On Wednesday, China’s finance and commerce ministers, as well as the heads of the People’s Bank of China, National Development and Reform Commission, and China Securities Regulatory Commission, faced the press to discuss important issues affecting the country’s economy. The annual “two sessions” in Beijing provided a platform for these officials to address pressing concerns.

On Tuesday, Li announced that China would set an annual gross domestic product growth target of around 5 per cent for 2024. While this news was welcomed by many, there are still questions surrounding how Beijing will tackle various issues such as its property crisis and local government debt woes, which are impacting the world’s second-largest economy.

Our readers can follow our live coverage of the press conference to stay up-to-date on the discussions and decisions made during this significant event. We provide this story as a public service to our audience and encourage you to consider supporting SCMP’s journalism by subscribing during our spring flash sale.

By Samantha Johnson

As a content writer at newszkz.com, I delve into the realms of storytelling, blending words to paint vivid narratives that captivate and inform our readers. With a keen eye for detail and a passion for research, I craft compelling articles that resonate with our audience. My love for words drives me to explore diverse topics, ensuring that each piece I create not only educates but also entertains. Join me on this journey as we navigate the ever-evolving landscapes of news and knowledge together.

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