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Central Economic Work Conference

News

China will extend stimulus measures in the automobile industry for one more year.

State reveals 1st steps to lift economy

The State Council, the nation's top administrative authority, said the country will push to boost consumer spending in line with a strategy laid out at the recent Central Economic Work Conference.

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Policy

New lending cap of 8 trillion yuan

China's banking regulator plans to cap new lending at around 8 trillion yuan next year, but the target might be subject to instant changes according to the economic environment, a source with knowledge of the matter said.