China’s senior party official says China’s economic recovery is not strong enough

China’s senior party official for economic affairs:

• China’s economic recovery is not strong enough
• Need to implement
  macro policies more effectively
• Should speed up the
  issuance and use of special bonds
• Should give full
  play to the role of fiscal funds in leveraging economic growth and
  structural adjustment
• Monetary policy
  should be flexible, moderate, accurate and effective
• Maintain reasonable
  and abundant liquidity
• Should increase
  policy support so that enterprises and consumers tangibly benefit
• Make good use of
  funds from ultra-long term special bonds
• Should increase
  residents’ property income through multiple channels
• Will improve the
  long-term expansion of consumption
• Will improve the
  mechanism for promoting high-quality full employment

More now from China. While again lacking in detail these comments seem a little more targeted.

This article was written by Eamonn Sheridan at www.forexlive.com.