National Development and Reform Commission: All departments advance policies implement, the market expectations improve

Yuan Da, Deputy Secretary-General of the National Development and Reform Commission and Director of the General Affairs Department said at a press conference on August 4 that all departments are currently implementing various reserve policies for the new changes in the economic operation showing in the second quarter of June. Policies and measures to guide the downward trend of market interest rates, promote the consumption of bulk commodities such as automobiles, accelerate the transformation of urban villages into megacities and the construction of public infrastructure for places with dual uses as leisure venues and emergency shelters, and expand the issuance of real estate investment trusts in the infrastructure sector in an orderly manner have been successively introduced and implemented. Besides, Yuan Da pointed out that other policies are also being stepped up to provide strong policy support for the continued economic recovery.