China Politburo held a meeting on Friday and noted that China's development process during the 14th Five-Year Plan is extremely unusual and extraordinary

Says:

• Necessary to continue to implement a more active fiscal policy and a moderately loose monetary policy.
• Necessary to focus on building a strong domestic market and step up the cultivation and expansion of new growth momentum
• To enhance forward-looking and targeted coordination of policies.
• Focus is on stabilising employment, enterprises, markets and expectations.
• Deepen development of a unified national market and continue addressing risks in key sectors.
• Further boost domestic demand while improving supply conditions.
• Prioritise strengthening the domestic market and foster new drivers of growth.
• Advance new-quality productive forces tailored to local circumstances.
• Enhance alignment between reform initiatives and macroeconomic policy.
• Fast-track high-level technological self-sufficiency and innovation capacity.
• Step up efforts to safeguard and enhance people’s livelihoods.
• Reinforce government capacity and entrench a sound approach to evaluating political performance.