China’s economy grew at a steady 6.4 percent pace in the first quarter.

China is about to slash the employer contribution rate to the social-security fund from 18-20% (with some variation across regions) to 16%, and cut the value-added tax (VAT) rate from 16% to 13% (for most enterprises). This is on top of a previously announced reduction in the corporate income tax charged on the first CN¥3 million ($447,000) of taxable income.

China’s 2019 government work report lays out the country’s economic policies to sustain growth and avoid the “middle income trap” that Premier Le Keqiang has warned of. In taking steps next year to realize the “Chinese dream,” three battles will be tough but key: defusing financial risks, effecting targeted poverty alleviation, and achieving pollution control.

Indexes of factory activity suggest an uneven global growth outlook.

Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, suggesting government stimulus measures may be starting to take hold in the world’s second largest economy.

Standard Chartered PLC Chief Executive Bill Winters said on Tuesday fears over a growth slowdown in China’s economy and the impact of the U.S.-China trade tensions are “receding a bit”.

China’s top officials pledged to lower tariffs and expedite debt sales in 2019 as they seek to manage an economic slowdown while tackling the trade standoff with the U.S.

The openness of China’s financial markets to the rest of the world isn’t high, so there’s a lot of room for increased access, according to People’s Bank of China Governor Yi Gang.

Premier Li Keqiang’s Government Work Report provides a concrete sign of China’s renewed support for the private economy, especially small and micro businesses.

A key economic index fell to a 17-year low, a likely trigger of more government support measures.