China Introduces Measures to Boost Property Sector and Economy
China has introduced new measures to support its sluggish property sector and meet the government's year-end growth target. The People's Bank of China lowered interest rates for pledged supplementary lending and increased the relending quota for technological innovation by 200 billion yuan to 1.4 trillion yuan. Chinese leaders aim for a 4.5%-5% economic growth rate in 2026.
ET Markets·4h ago



