China’s Politburo: will continue with prudent, neutral monetary policy

Xinhua, China’s state news agency, is out with the comments from the Politburo – the nation’s top decision-making body, with the key highlights found below.

Will continue with prudent, neutral monetary policy.                

No change to proactive fiscal policy.

Will ensure the stability of the macro economy.

Will deepen supply-side structural reforms.

To step up efforts in core technologies.

Will lower corporate financing costs.

Will push for healthy development on FX, stocks, debt, credit, property markets.