The State Council Information Office of China will hold a press conference on October 8, 2024, to introduce new economic stimulus measures.
Upcoming Press Conference
On October 8, 2024, at 05:00 (UTC+3 Turkey time), a press conference will feature key officials including NDRC Director Zheng Zhajie and deputies. They are expected to discuss the implementation of a comprehensive package of policies for structural economic improvements.
Impact on Financial Markets
The announcement of stimulus measures has significantly impacted China's financial markets, with stock indexes posting their biggest single-day gain since 2008.
Impact on Cryptocurrency Market
The economic incentives have also caused movement in the cryptocurrency market, drawing interest among followers. The press conference's outcomes are expected to influence this market as well.
The upcoming announcement by China’s authorities could significantly affect both traditional and digital markets, drawing considerable attention.