China: Positive policies announced, more are likely to come

Today’s press conference and the measures issued sent out a clear signal that it is government’s strong desire to stabilize growth and improve the market sentiment.

Download PDF Printable Version

Please download PDF using the link above for the full report

On September 24th, the State Council Information Office held a press conference. Pan Gongsheng, Governor of the PBOC, Li Yunze, Director of the National Financial Regulatory Administration (NFRA), and Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC) introduced the situation of financial support for high-quality economic development and answered reporters’ questions.

We list the key policy measures announced during the press conference in the document, as well as our comments.

I understand that any materials on this website have been produced only for persons regarded as professional investors (or equivalent) in their home jurisdiction and in jurisdictions which the MUFG entity producing the material is permitted to do so under applicable laws, rules and regulations.

I also understand that all materials on this website are not investment research or investment advice.