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China
zhōng guó
中国
and
yǔ
与
World
shì jiè
世界
·HSK 4

China
Zhōngguó
中国
to announce
xuānbù
宣布
major
zhòngdà
重大
economic
jīngjì
经济
stimulus
cìjī
刺激
plan
jìhuà
计划
。

central bank
yānhánghuì
央行
governor
xíngzhǎng
行长
Pan Gongsheng
Pán Gōngshèng
潘功胜
to announce
gōngbù
公布
comprehensive package
yīlǎnzi
一揽子
measures
cuòshī
措施
。

September 25, 2024 at 2:00 PM

central bank
yānhánghuì
央行
governor
xíngzhǎng
行长
Pan Gongsheng
Pán Gōngshèng
潘功胜
to announce
gōngbù
公布
comprehensive package
yīlǎnzi
一揽子
measures
cuòshī
措施
，
to include
bāokuò
包括
fifty
wǔshí
五十
classifier
gè
个
basis point
jīdiǎn
基点
reserve requirement cut
jiàngzhǔn
降准
。
political
zhèngzhì
政治
bureau
jú
局
meeting
huìyì
会议
pledge
chéngnuò
承诺
additional
éwài
额外
fiscal
cáizhèng
财政
support
zhīchí
支持
。
five hundred
wǔbǎi
五百
hundred million
yì
亿
yuan
yuán
元
stock
gǔpiào
股票
market
shìchǎng
市场
support
zhīchí
支持
fund
jījīn
基金
launch
qǐdòng
启动
。
this is
zhèshì
这是
COVID
xīnguān
新冠
since
yǐlái
以来
most
zuì
最
large
dà
大
particle
de
的
stimulus
cìjī
刺激
。
measures
cuòshī
措施
aim to
zhǐzài
旨在
support
zhīchèng
支撑
economic
jīngjì
经济
growth
zēngzhǎng
增长
。
analysis
fēnxī
分析
analysts
rénshì
人士
indicate
biǎoshì
表示
stimulus
cìjī
刺激
help to
yǒuzhùyú
有助于
enhance
zēngqiáng
增强
market
shìchǎng
市场
confidence
xìnxìn
信心
。

New Words

yanghang
央行
central bank
hangzhang
行长
governor
PanGongsheng
潘功胜
Pan Gongsheng
cuoshi
措施
measures
jiangzhun
降准
reserve requirement cut
caizeng
财政
fiscal
zhichi
支持
support
jijin
基金
fund
ciJi
刺激
stimulus
xinxin
信心
confidence

News in English

China & World

China announces major economic stimulus package

Central bank governor Pan Gongsheng announces comprehensive measures including reserve requirement cuts and interest rate reductions.

Central bank governor Pan Gongsheng announced comprehensive package measures, including fifty basis point reserve requirement cut. Political bureau meeting pledged additional fiscal support. Five hundred hundred million yuan stock market support fund launched. This is largest stimulus since COVID. Measures aimed support economic growth. Analysis analysts indicate stimulus help enhance market confidence.

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in / within
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Fāgǎiwěi
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to pledge / to commit to
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to roll out
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政策工具
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quánnián
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jīngjì mùbiāo
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qián
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Nàwéi Pílái
纳维·皮莱
to be honored with / to win
rónghùo
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2026 nián
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