MIZUHO--Has the NDRC shut the door on additional fiscal stimulus?

Disappointing NDRC session. The National Development and Reform Commission (NDRC) conducted a press conference yesterday that fell short of market expectations. Instead of introducing new

应用介绍

Disappointing NDRC session. The National Development and Reform Commission (NDRC) conducted a press
conference yesterday that fell short of market expectations. Instead of introducing new policy stimulus, the
meeting mainly focused on updating the implementation progress of previously announced supportive measures.
NDRC officials committed to issuing the remaining RMB290b in special local government bonds by the end of
October to initiate more infrastructure projects to spur domestic demand and create jobs.

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