China officials to brief on ‘package’ to promote growth Tuesday

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(Reuters) — Senior officials from China’s top economic planning agency will brief reporters on Tuesday on steps to implement policies to promote economic growth, the State Council Information Office said in a notice.

It said five officials, including the chairman of the National Development and Reform Commission, Zheng Shanjie, would attend the news conference.

The topic will be: “systematically implementing a package of incremental policies to solidly promote economic growth, structural optimisation and sustained momentum of development.” The statement gave no further details.

Tuesday is the first working day in China after a run of holidays over the past week, including National Day.

Before the break, China’s central bank lowered interest rates and injected liquidity into the banking system while regulators eased some property curbs in a package of stimulus measures that sent stocks soaring.

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