China increases the investment in indicators to revive the troubled stocks

China has announced new measures to improve accusation products products, in its latest efforts to support the troubled stock market in the shadow of an turbulent external economic environment. The Chinese Securities Regulatory Authority said in a statement published today, Sunday, on its website, the government intends to achieve a significant increase in size and percentage indicators in the financial market through continuous efforts over a period of time. The government sets a goal to improve the adjustment function of the assets for indicators, and to provide more easy channels to enable medium and long-term funds to enter the market. The government also seeks to attract foreign investment in the stock market for the first category of “A share” through the covenant indicators while working to improve the development of equity funds and bonds. The government also promised to lower the costs of indicators and release them from the market industry fees. Read more: Chinese stocks are falling away after Trump threatens to impose custom duties 10% of Chinese stocks suffering pressure in recent months, amid the fear of the long -term economic slowdown, and the threat of the highest customs duties imposed by US President Donald Trump. A state of frustration prevailed with traders as a result of the sporadic incentives that took Beijing, and has so far questioned its effectiveness. Chinese security regulatory authority heads, Wu Cheng, said on Thursday that the government is directing local funds and insurance companies to improve their shares of shares. He pointed out that the joint investment funds should increase their belongings from local shares by no less than 10% over the next three years, while the large state insurance companies from 2025 will have to invest 30% of its new installments. China has agreed in a separate context to award $ 52 billion Yuan ($ 7.2 billion) for the long -term investment in shares. “China Banking & Inchornes News” Sunday.