China to defuse risks in real estate, local govt debt, small and medium-sized financial institutions
Share - WeChat
BEIJING -- China will address both the symptoms and root causes to defuse risks in real estate, local government debt, and small and medium-sized financial institutions to safeguard overall economic and financial stability, according to a government work report submitted Tuesday to the national legislature for deliberation.
Efforts will be made to ensure both development and security, and effectively prevent and defuse risks in key areas, the report said.
More work will be done to move faster to foster a new development model for real estate, and ensure energy and resource security by stepping up the exploration and development of oil, natural gas, and strategic mineral resources, the report said.
- Foreign visitors taste the delicacies of Tianjin's ancient town
- China introduces a standard framework for humanoid and embodied intelligence
- CPPCC unveils agenda of the annual session
- Geologists brave rugged terrain in Yunnan prospecting mission
- Senior enterprise official facing probe
- China's anti-graft authorities reveal extent of year's work
































