Key Points - The State Council, led by Premier Li Qiang, is advancing reforms in national economic and technological development zones to promote high-level opening and deep reforms for high-quality development [1] - A comprehensive financial policy package has been introduced to stabilize the market and expectations, including a 0.5% reduction in the reserve requirement ratio and measures to support long-term investments by insurance funds [2] - The People's Bank of China has established a 500 billion yuan re-lending program to encourage financial institutions to support key areas of service consumption and the elderly care industry, with a 1.5% interest rate and a maximum term of three years [3] - The retail and catering sectors saw a 6.3% year-on-year increase in sales during the "May Day" holiday, with significant growth in home appliances, automobiles, and communication equipment [3] - The China Securities Regulatory Commission has issued a plan to promote high-quality development of public funds, including 25 measures to link fund performance with management fees and reduce investor costs [2]
新华财经周报:5月5日至5月11日
Xin Hua Cai Jing·2025-05-11 10:06