if you are interested in it , Get free samples :sales@edabearings.com

China's stock market closed higher on Tuesday as policymakers pledged to take further measures to boost the slowing economy, but uncertainty surrounding the Sino-US trade negotiations held back the gains.
The Shanghai Composite Index. SSEC closed up 0.28% at 2,985.34 and the Shanghai-Shenzhen 300 index. CSI300 closed up 0.27% at 3,901.08.
Investors are optimistic about the prospect of more fiscal stimulus from the government. Ning Jizhao, deputy director of the National Development and Reform Commission of China, said at the first press conference to celebrate the 70th anniversary of the founding of New China that positive and effective measures must be taken to strengthen the "six stability" work, stabilize investment, promote consumption, expand employment and increase income. To achieve a virtuous circle of the national economy.
However, the central bank reiterated that monetary policy will remain sound and market optimism will be weakened. "We are not in a hurry to have some big interest rate cuts and quantitative easing policies, as some other central banks have done," central bank governor Yi Gang said Tuesday.
"It is certain that more relaxation and counter-cyclical measures are necessary," said Yang Hongxun, an analyst at Shenguang, Shandong, an investment consulting firm in Shanghai. "It will be more profitable for assets such as stocks."
Uncertainty in Sino-US trade negotiations also depresses the market.
After last week's Sino-US trade talks, Chinese officials cancelled their trip to the U.S. agricultural region, which was originally interpreted as a bad omen for the talks, but U.S. Treasury Secretary Nouchin said that China's delayed visit to the Montana and Nebraska agricultural regions was at the request of the U.S. side to avoid confusion in the talks.

---

PREVIOUS:Fed officials say interest rates are falling        NEXT:China's foreign minister said that China had no intention of playing the "game o