China’s Central Bank Doubles Down on Financing Support to Boost Consumption

China unveils 19-measure guideline to strengthen financial support for consumption

China’s central bank and five other government departments on Tuesday issued a guideline outlining 19 measures to boost consumption, with a focus on enhancing financial support for both goods and services to better meet consumer demand in the world's second-largest economy.

China’s central bank doubles down on financing support to boost consumption

Guangdong, country’s wealthiest province, announces plan to hand out more vouchers and subsidies, further promote trade-ins.

CX Briefing: Beijing Unleashes Financial Measures to Boost Consumption

CX Briefing: Beijing Unleashes Financial Measures to Boost Consumption-Also in today’s rundown: Goldman Sachs predicts CSI 300 will surge 10% by year-end, foreign ministry apoints new vice minister

China Issues Guidelines on Financial Support for Boosting ...

China issues guidelines on financial support to boost consumer spending

Six Agencies Announce "Financial Support To Boost & Expand Consumption" - China Last Night

Asian equities cheered the confirmation of the de-escalation in the Middle East and a potential July US interest rate cut, led by Hong Kong, Mainland China, and Taiwan. China’s markets grinded higher across the trading day on strong volume and breadth. The key catalyst was that six Chinese government agencies announced the release of the “Guiding Opinions on Financial Support to Boost and Expand Consumption” following the State Council’s guidanc…