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China's central bank will inject 1.2 trillion yuan (3 billion) into the financial markets on Monday, the first trading day after the Lunar New Year holidays which have been disrupted by the coronavirus outbreak.
China's GDP growth was 6.8 percent for the first two quarters before falling to 6.5 percent in the third. The authorities have vowed to make more infrastructure investment and appropriately loosen the monetary and fiscal policy stance to stabilize growth.
China's GDP growth reached 6.8 percent year-on-year in the first half of this year, beating general market expectations, according to a government report released on Monday. Analysts said the economy remains on track but will face more challenges in the second half.
China will further open up its banking sector to foreign investments. It will ease restrictions on foreign banks so they can have easier access to the local market and start business operations in the country, according to the China Banking Regulatory Commission.
China's A-share is very likely to be included into Morgan Stanley's Capital Index (MSCI) global benchmarks this year, Shanghai Securities News reported on Tuesday.
