China's Finance Ministry and PBoC Hold Coordination Meeting on May 22, Commit to Expansionary Fiscal and Monetary Policies

GateNews
According to Jin10, China's Finance Ministry and People's Bank of China held the fourth coordination meeting on May 22, discussing support for financial market stability, improved fiscal-monetary cooperation mechanisms, and offshore yuan bond market development. The two agencies affirmed their collaboration results this year and committed to jointly implementing more proactive fiscal policy and moderately loose monetary policy going forward.
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