日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Growth must be at least 6.5%, economists say

By LI XIANG (China Daily) Updated: 2016-03-03 02:48

Growth must be at least 6.5%, economists say

Wang Guoqing, spokesman for the annual session of the Chinese People's Political Consultative Conference National Committee, greets the media at a news briefing in Beijing on Wednesday. Zou Hong / China Daily

China must prevent its economic growth from falling below 6.5 percent this year, leading economists said on Wednesday.

They were speaking ahead of the opening of the annual meetings of the country's top legislature and political advisory body this week.

Jia Kang, a member of the Chinese People's Political Consultative Conference National Committee, said the nation's economy is likely to bottom out at about 6.5 percent this year before stabilizing.

This was a level that China must hold to and the economy could not afford growth to fall below 6.5 percent, said Jia, a former researcher at the Ministry of Finance.

China's growth target and details of reform to shore up the economy will be watched closely as the annual meeting of the CPPCC National Committee opens on Thursday.

The country's top legislature, the National People's Congress, will convene on Saturday, as lawmakers gather in Beijing to elaborate on the Government Work Report and reform policies before giving their approval.

It is widely expected that the top leadership will place priority on stable growth with the emphasis on supply-side reform, aimed at trimming overcapacity and lifting tax burdens on companies.

According to observers, lawmakers and political advisers will likely endorse a growth target of 6.5 to 7 percent for this year and a more proactive fiscal policy with a higher deficit and more tax and fee cuts.

"China will have to raise its fiscal deficit above 3 percent of its GDP this year to ensure growth," Jia said.

On Wednesday, Wang Guoqing, spokesman for the annual session of the CPPCC's National Committee, ruled out a hard landing for the economy. "China is capable of maintaining medium to high growth, as the long-term economic fundamentals remain unchanged and there is ample room for the government to maneuver," he said at a news conference in Beijing.

Chang Jian, chief China economist at Barclay's Capital, agreed with Jia's comment in a research note, saying that the top meetings would likely produce an upside surprise on China's fiscal policy.

This would be moderately expansionary, with the general government deficit remaining at about 3.5 percent of GDP for this year and next, she said.

Chang added that China's monetary policy would continue to be characterized as "prudent" but "moderately loose", and further easing could be expected to support the housing market and private consumption.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 午夜黄色大片 | 色av一区二区 | 国产福利二区 | 国产成人在线免费观看 | √天堂中文官网8在线 | 人超碰| 成人欧美视频 | 蜜桃av中文字幕 | 97视频在线观看免费 | 97超碰伊人 | 日韩福利视频在线观看 | 伊人丁香 | 国产精品96 | 狠狠躁日日躁夜夜躁2022麻豆 | 国产激情片 | 91看片黄色 | 亚洲大胆视频 | 美腿丝袜av| 97国产在线视频 | 久草资源在线 | 国产成人一区二区 | 欧美另类性 | 成人午夜在线观看 | 国产亚洲一区二区三区在线观看 | 天天综合网久久综合网 | 亚洲无吗av | 亚洲在线天堂 | 免费av网站观看 | 在线久久 | 99热官网| 欧美黄色一区二区 | 色在线播放 | 免费在线观看黄色小视频 | 婷婷国产 | 岛国av在线播放 | 婷婷精品在线 | 黄色av资源| 福利精品视频 | 中文字幕在线播放一区 | 影音先锋在线看 | 四虎午夜影院 |