BEIJING: China's cabinet will relax requirements for fixed-asset investments, including lowering minimum capital requirements, a statement published on its website said on Tuesday.
China would also establish a 60 billion yuan ($9.43 billion) national small- and medium-enterprise development fund, it said.
The move comes as China's economy sputters after decades of double-digit growth and stock markets are subject to continued volatility after routs earlier this summer.
Also on Tuesday, weak August factory data increased investors' fears that the world's second-largest economy may be lurching towards a hard landing.
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