Thread by @Sino_Market

⚡ CPC held an economy-focused politburo meeting today, stressing new obstacles in economic transformation while demand is still not sufficient.
Boosting demand is key to economic improvement.
#China

Key takeaways from the CPC's politburo meeting:
🔸The triple pressures of shrinking have been alleviated, and econ growth beat expectations.
🔸To deepen reform and opening up, combining the effectiveness of policies with the stimulation of vitality among market entities.
2/n

🔸China will expand the advantages of NEVs, pushing forward charging stations and energy storage and supporting power grids.
🔸To attach great importance to AI dev, while managing risks
🔸To stimulate demand through active fiscal policies and stable monetary policies.
3/n

🔸China will remove legal and regulatory obstacles and hidden barriers that affect fair competition, continuously boost the confidence of market entities, and help companies recover.
🔸Will encourage leading platform companies to explore innovation. #AntGroup.
$BABA #Tencent
4/n

🔸China will put attracting foreign investment in a more important position.
🔸To support conditional pilot free trade zones and ports in aligning with international high-standard economic and trade schemes.
🔸Strictly control the increase of implicit debt.