China is rallying its top economic planner to move in step with other state agencies as Beijing marshals its resources to achieve headline targets and revive consumer and investor confidence - a departure from previous policy announcements characterised by a steady trickle of incremental changes.
AdvertisementThe National Development and Reform Commission (NDRC) is scheduled to hold a press conference on Tuesday morning, where analysts anticipate the roll-out of a wide-ranging action plan with a focus on consumption and the country’s green transition.
The conference, to be chaired by commission head Zheng Shanjie, is timed for the first working day after a weeklong break.
Coinciding with the resumption of business for China’s stock exchanges, it has stoked intense speculation on the part of markets and analysts alike.
“It’s clear that there’s a sense of urgency among top leaders,” said Fu Weigang, executive president of the Shanghai Institute of Finance and Law think tank...
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