China will take more forceful, effective steps to stabilise market confidence, cabinet says
- Country:
- China
China's cabinet said on Monday it will take more forceful and effective measures to stabilise market confidence, state TV said, citing a meeting chaired by Premier Li Qiang.
The cabinet also said it will step up medium- and long-term fund injections in the capital market to strengthen market stability, as well as promote healthy development of the market.
It also said it would accelerate upgrades of artificial intelligence in key industries.
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