Fiscal policies

The government pledged to issue 1 trillion yuan of government bonds.

At the same time, it will use monetary policy tools such as required reserve ratio reductions, interest rate cuts and re-lending to help businesses and stimulate the economy.

-- The Straits Times

Li pledged to implement stimulus measures, including fiscal expansion and monetary easing, in a bid to boost the job market across the country.

China will target a deficit-to-GDP ratio of more than 3.6 percent, while issuing special government bonds worth 2 trillion yuan ($280.9 billion) to support local economies, Li said.

-- Kyodo News