Business > Foreign Business
China vows to boost weak consumption

BEIJING — China on Thursday vowed to boost domestic consumption next year, state media said, as leaders grappling with sluggish demand concluded a key economic policy meeting.

Top leaders at the meeting, including Chinese President Xi Jinping, vowed to next year implement a 'moderately loose' monetary policy, increase social financing and reduce interest rates 'at the right time,' according to state broadcaster CCTV.

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