China Vows ‘Strict’ Assessment of How Policies Affect Economy
The Datang district of Guangzhou, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China’s top economic planner vowed a “strict and meticulous” evaluation of how Beijing’s policies affect the economy, weeks after surprisingly harsh gaming curbs sparked a multi-billion dollar stock rout.
“Strengthening policy coordination has been increasingly important, given the relatively weak social expectations,” Yuan Da, director of the National Development and Reform Commission’s Department of National Economy, said at a briefing on Thursday. “We will carry out strict and meticulous assessment of the impact of various policies on the economy’s size and structure, supply and demand, industries and regions, as well as jobs and expectations.”