China: Positive policies announced, more are likely to come

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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.