China to step up policy support for economy, Xinhua cites politburo

China to step up policy support for economy, Xinhua cites politburo

China to step up policy support for the economy, Xinhua cites politburo

BEIJING (Reuters) - China will increase policy support to stabilize the economy, Xinhua news agency quoted the Politburo, the ruling Communist Party's top decision-making body, as saying on Friday.

Xinhua cited a meeting of the Politburo chaired by President Xi Jinping to report that China will implement a strategy to expand domestic demand and promote steady growth in foreign trade and foreign investment.

Xinhua news agency said that China will try to achieve its economic and social goals this year.

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