China will maintain the continuity and stability of macro policies, and make such policies more targeted, state television reported on Wednesday, citing a cabinet meeting.
FILE PHOTO: Chinese Yuan banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration//File PhotoBEIJING: China will maintain the continuity and stability of macro policies, and make such policies more targeted, state television reported on Wednesday, citing a cabinet meeting.
China will not resort to"flood-like" stimulus and will keep economic operations within reasonable range, the cabinet said.China will also push forward construction of major projects, to better play the key role of investment while keeping consumption as a fundamental role, it added.
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