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China will redouble its efforts to improve the quality of its products and services - as well as its capacity for innovation - to ensure healthy, stable economic growth in the coming year, Premier Li Keqiang said on Tuesday.
China will stick to a prudent monetary policy which will be eased or tightened to the right degree, while maintaining reasonably sufficient liquidity to ensure that the loan's real interest rates for small and micro firms will be lowered, according to a statement released after an executive meeting of the State Council chaired by Premier Li Keqiang.
China's automotive industry is suffering from a downturn in the overall vehicle market, with two-thirds of the country's listed carmakers seeing falling profit in the first half of the year.
China will further open the futures market and bonds market based on the measures on opening up China's capital market announced in June 2019.
China's FTZs, which have expanded from the first in Shanghai to the current 11 across the country, are a way of testing new policies, including interest rate liberalization and fewer investment restrictions, to better integrate the economy with international practices.
来源：资阳报