Expected policy measures
Still, there are plenty of policy tools at Chinese officials' disposal to ensure both speed and quality. Monday's meeting showed a strong signal of policymakers taking steps to stabilize the economy, the market, and confidence in the second half of the year.
For macroeconomic policy, experts believe the recent "strengthening counter-cyclical adjustment" as mentioned at the meeting indicate the possibility of implementing monetary easing measures in the second half of the year, including a policy rate cut in the third quarter.
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