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Instead of expanding the deficit and relaxing the monetary policy, China will roll out measures focusing on the market, said Li.
The time required for general registration and mortgage registration will be cut to no more than 10 and five working days respectively, by the end of this year, according to the circular.

China enjoys huge domestic market demand, the implementation of the supply-side reform will comprehensively boost the competitiveness of Chinese products and enterprises, and there is still ample room for fiscal and monetary policy manoeuvres, he said, adding the Chinese economic prospect is very optimistic.
China has become one of the most popular investment destinations for global companies for years in a row since it launched the reform and opening-up drive 40 years ago, he said, adding that companies will choose which countries to invest in or which partners to cooperate with based on their interests and market rules.
Following his visits to Spain and Portugal in late 2018, Xi came to Europe again in his first overseas trip this year, manifesting the great importance China attaches to Europe, Wang said.
来源:资阳报