State Council Meeting Improves Capital Market Stability Mechanism to Enhance Stock Market Stability

On November 6, Premier Li Qiang presided over a State Council executive meeting. The meeting emphasized the need to fully utilize policy funds and leverage the role of fiscal and financial collaboration to promote domestic demand; to continuously resolve risks in local government debt and small financial institutions; to improve the capital market stability mechanism, enhance the inherent stability of the stock market, and promote the stable and healthy development of the capital market; to study the economic work ideas for next year, strengthen the continuity of cross-year policies, and promote sustained economic improvement.

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