China to Boost Targeted Policy Support for Economy -State Media Citing Cabinet

BEIJING (Reuters) – China will step up fiscal and monetary policy support for the real economy in a targeted way, state media quoted the cabinet on Friday as saying.

China will consolidate its economic recovery and keep economic operations within a reasonable range, state media quoted the cabinet as saying after a regular meeting.

China’s economy continues on a recovery trend but there are some fluctuations, the cabinet was quoted as saying.

(Reporting by Kevin Yao and Beijing newsrooom; editing by Mark Heinrich)

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