News list for "Liao Min"
On October 27, Vice Minister of Finance and World Bank China Deputy Director Liao Min said that the recent launch of a package of incremental policies by the Chinese government has attracted extensive attention from the international community. In addition to monetary policy, China will also step up counter-cyclical adjustment of fiscal policy. A series of strong measures will be implemented in terms of resolving local government debt, stabilizing the real estate market, raising the income of ke...
On October 12, Vice Minister of Finance Liao Min said at a press conference of the State Information Office that the Ministry of Finance and relevant departments are working together to promote the balance of supply and demand in the real estate market. In the next step, the Ministry of Finance will actively study and introduce incremental measures conducive to the stable development of real estate, allowing special project bonds to be used for land reserves, mainly considering that there is cur...
On October 12, Vice Minister of Finance Liao Min said at the press conference of the State Information Office that in the next step, the Ministry of Finance will actively study and introduce incremental measures that are conducive to the stable development of real estate and support the acquisition of stock housing. Increase the supply of affordable housing. Considering that there are relatively many houses that have been built for sale. Two main support measures are taken: one is to use special...
On October 12, Vice Minister of Finance Liao Min said at a press conference of the State Council Information Office on October 12 that relevant tax policies are being optimized and improved in a timely manner, and the value-added tax policy linking ordinary residential and non-ordinary residential standards is being studied and cancelled.
On October 12, Vice Minister of Finance Liao Min said that in the next step, the Ministry of Finance will actively study and introduce incremental measures that are conducive to the stable development of real estate, support the acquisition of stock housing, and increase the supply of affordable housing. Considering the relatively large number of houses currently built for sale, two main support measures are taken: one is to use special project bonds to acquire stock commercial housing and use i...
On October 12, Vice Minister of Finance Liao Min said at a press conference of the State Council Information Office on October 12 that as of the end of June 2024, the core tier one capital adequacy ratio of six large state-owned banks averaged 12.3%. The Ministry of Finance will adhere to the principles of marketization and rule of law, and actively raise funds through the issuance of special treasury bonds and other channels in accordance with the idea of overall promotion, batch installment, a...
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