PBoC's Shanghai Unit, Shanghai municipal banking and insurance regulator hold meeting on financial support for stable and healthy development of real estate market. #Shanghai#property
#Shanghai: Promoting stable, healthy development of #property market is of great significance to stability of financial development, macroeconomy. Financial institutions must adhere to principle of "houses are for living in, not for speculation."
#Shanghai: Property developers must have a deep understanding of new situations, actively change development models, and cooperate with local governments to do their best to guarantee delivery of buildings. #property
#Shanghai asks financial institutions, commercial banks to step up efforts in supporting real estate finance. #property
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China cabinet optimizes Covid control measures for logistics sector, completely canceling epidemic prevention checkpoints set up in roads, waterways, and ship locks, completely scraping closed-loop management and on-arrival test requirements for freight vehicles. #China#COVID19
China cabinet says localities cannot shut down transportation and logistics infrastructure or restrict transportation services without authorization. #China#COVID19
China to sell 750b yuan of special sovereign bonds on Dec 12: MOF #China#bonds
China MOF: Special sovereign bonds to aid economy, development of social undertakings. #China#bonds
China MOF to sell 750b yuan special sovereign bonds to relevant domestic banks in national inter-bank bond market, PBOC to conduct open market operations to relevant banks. #China#bonds gks.mof.gov.cn/ztztz/guozaigu…
Chinese Premier Li Keqiang Meets with Heads of Major International Economic Organizations: CCTV
Chinese Premier Li Keqiang Says China Has Stabilized Macroeconomy. #China
Chinese Premier Li Keqiang: China's Economy is Operating within a Reasonable Range. China's Economic Growth Will Continue to Pick Up with Implementation of Optimized Epidemic Prevention Policies. #China
#China's 10 measures
1)Narrowing high-risk areas to buildings or floors, even homes, rather than communities.
2)No more mass PCR tests in administrative districts, to cut the frequency of tests. To scrap test and Health Code rules for crossed-region citizens. 1/ Thread 🇨🇳
2/n #China's 10 measures
3)Allows symptomatic cases and patients with mild symptoms to conduct home quarantine. Allow some close contacts to conduct 5-day home quarantine.
4)To lift lockdowns in high-risk areas without new cases reported in the last five days.
3/n #China's 10 measures
5)To repeal the prohibition against purchases of OTC medicine for fever, cough, and cold.
6)To boost the vaccination rate for the elderly over 80.
7)To assess the physical conditions of key groups
8)Prohibits business suspension in non-high-risk-areas