Interest rate decisions: 1. Interest rate decisions: cut interest rates by 25 BP as scheduled, maintaining its wording on the future path of interest rates; one member did not support the decision. 2. Economic expectations: GDP growth in 2025 is expected to remain unchanged, and GDP growth in 2026 is expected to be reduced from 1.2% to 1.1%. 3. Inflation expectations: inflation expectations in 2025 and 2026 are expected to be reduced from 2.3% and 1.9% to 2.0% and 1.6% respectively. 4. Trade sit...
Xi Jinping and Cambodian Prime Minister Hong Manai jointly witnessed the exchange of more than 30 bilateral cooperation texts between China and Cambodia, covering production and supply chain cooperation, artificial intelligence, development assistance, customs inspection and quarantine, health, news and other fields.
On November 1st, Vice Minister of Commerce Sheng Qiuping introduced at the press conference of the State Council Information Office on November 1st that the Ministry of Commerce will work with relevant departments to launch a number of new policies in the field of consumption. For example, in the near future, it will study and introduce policies such as promoting the first economy, promoting the high-quality development of the wholesale and retail industry, supporting 20 cities such as Shanghai ...