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China will promote price policies that are beneficial to green development, bring ecology environment costs in line with economic operation costs, and drive more social capital into environmental protection.
China will make efforts to effectively control fiscal and financial risks. To that end, the proactive fiscal policy should be stronger and more effective while the prudent monetary policy should be neither too tight nor too loose, the Government Work Report said.
China's central bank announced a cut in some financial institutions' reserved cash amount by 1 percentage point from April 25 to support small and micro enterprises and stabilize liquidity in the banking system, according to a statement on its website released on Tuesday.
China's bank lending halved in December 2017 as the government kept up its campaign to curb financial system risks, but banks still managed to dole out a record amount for the year amid the tighter scrutiny.
China's automotive market has seen a decline in sales this year.
来源：资阳报