Yesterday, the Minister of Finance of China, Liu Kun, met with journalists to discuss the current economic situation in the country and the measures being taken by the government to stabilize the financial market. During the press conference, Liu emphasized that China will continue to implement an active fiscal policy and adopt additional measures to support sustainable economic growth.
"We will continue to reduce the tax burden on businesses, which contributes to the development of business and attracts investment. In addition, we will actively support small and medium-sized enterprises, create new jobs, and stimulate consumer spending," the minister emphasized.
He also noted that China will continue to increase spending on social programs, education, and healthcare to ensure the well-being of citizens. Overall, the government is taking all necessary measures to support sustainable economic development in the face of global challenges.
