Published on: 2026-08-21
Source: People’s Republic of China — Translation
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Beijing, August 21 /Xinhua/ — China has optimized and improved the policy of stimulating domestic demand through coordinated fiscal and monetary methods, the Ministry of Finance of the PRC stated on Friday.
The new measures include expanding the scope of interest rate subsidies, increasing the number of institutions carrying out the relevant operations, as well as raising the upper limit of quotas, said Deputy Minister of Finance Liao Min at a press conference organized by the Press Office of the State Council of the PRC.
The Ministry of Finance, in accordance with the needs of economic development, continues to research and develop new policy directives and new measures, which will be implemented in the second half of this year, said the deputy head of the department.
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