State Council Adopts 33 Economy Stabilising Measures

Some 33 measures designed to stabilise national economic performance were adopted at the 23 May executive meeting of the State Council/. Among the raft of initiatives given the greenlight were a range of fiscal and financial policies geared to keeping employment stable, while supporting micro, small and medium-sized enterprises. In addition, moves to stabilise industrial and supply chains, boost consumption and investment, ensure energy security and maintain basic livelihoods were also formally approved.