Various departments have effectively implemented a combination of macroeconomic policies to stabilize and recover financial data, demonstrating the effectiveness of their policies
CCTV News: Experts have stated that since August, policies in the fields of finance, taxation, finance, and real estate have accelerated their implementation, effectively boosting market expectations and stabilizing market confidence. In August, financial data stabilized and rebounded, and policy effects are constantly emerging.
Experts say that the stabilization and recovery of financial data in August are closely related to accelerated policy adjustments and strong support. In August, the second interest rate cut of the year was implemented, and the medium-term lending convenience MLF interest rate was significantly reduced, driving the one-year loan market quotation interest rate down by another 10 basis points.
In addition, the coordinated efforts of various departments have significantly increased the support for the real economy by implementing a combination of macroeconomic policies. The introduction of preferential policies for stamp duty and personal income tax, as well as the implementation of policies for adjusting and optimizing real estate policies, have effectively boosted market expectations and stabilized market confidence.
![Various departments have effectively implemented a combination of macroeconomic policies to stabilize and recover financial data, demonstrating the effectiveness of their policies](https://a5qu.com/upload/images/fee88bb321f5e92546e728c37fb8d6d3.jpg)
Under the influence of policies, the manufacturing PMI continued to rebound in August, the import and export decline significantly converged, prices bottomed out and rebounded, tourism consumption accelerated, and the real estate market also showed signs of improvement. Experts say that with the continuous release of policy effects, the good economic fundamentals and good loan trends are in line.