www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Opinion

Vital stimulus check

(China Daily)
Updated: 2009-10-29 08:17

The efforts of Chinese lawmakers to scrutinize the quality and effect of the country's 4-trillion-yuan ($586 billion) stimulus package are more than needed in spite of the initial fruit it has borne in reviving economic growth.

If the country is to make utmost use of such massive public spending to pursue sustainable recovery, it is time to make a thorough assessment and adjust the focus of the stimulus package in line with the quality of economic growth.

Vital stimulus check

The Standing Committee of the 11th National People's Congress (NPC) yesterday reviewed a government report on implementation of the massive public spending program that the country rolled out about a year ago to fight the worst global financial and economic crisis in many decades.

In retrospect, the country's stimulus package has so far worked well enough to enable the Chinese economy to lead the global recovery with what appears to be a remarkable V-shaped rebound.

Though shrinking exports remain a drag, China's economic expansion accelerated from 6.1 percent in the first quarter of this year, the slowest in almost a decade, to 7.9 percent in the second quarter and 8.9 percent in the third.

However, the current sound performance of the government's massive stimulus package does not deny the necessity of a close examination by lawmakers to ensure the quality and efficiency of those investment projects in the future.

If the Chinese government's quick introduction of such a stimulus package in the face of a significantly worsened global slowdown was then largely a matter of expedience, a careful review by the legislature is now a matter of urgency.

With the help of unprecedented credit growth, the country's massive stimulus package has, on the whole, worked its magic to put the Chinese economy in a comfortable position to achieve the annual growth target of 8 percent for this year.

But legislators who have travelled around the country to inspect those public spending programs have found that some of them were not well planned and some others were inadequately financed by local governments.

Related readings:
Vital stimulus check No major problem found in stimulus fund use: NAO
Vital stimulus check Officials punished for violating disciplines in economic stimulus projects
Vital stimulus check Stimulus funds help end crisis
Vital stimulus check Govt stimulus is like planting grass on a desert plot

As a result, poor investment planning has both retarded implementation and added to the financial burden of local governments that have already felt the pinch of economic slowdown.

Clearly, all such problems that legislators have identified should catch the attention of policymakers who might be thinking about an exit strategy.

Regardless of when the country's stimulus package is proposed to be phased out, all the public spending projects will continue to serve the economy for a fairly long period.

A timely check on their quality and efficiency is of long-term importance to the country's economic growth.

主站蜘蛛池模板: 亚洲国产精品免费在线观看 | 欧美高清视频手机在在线 | 性夜黄a爽爽免费视频国产 性夜影院爽黄a爽免费看网站 | 米奇777第四久久久99 | 国产成人精品综合久久久软件 | 国产精品久久久久9999小说 | 中文精品久久久久国产网址 | 色综合久久久久久 | 91影视做在线观看免费 | 久草免费网站 | 精品国产亚洲一区二区三区 | 国产高清免费观看 | 又www又黄又爽啪啪网站 | 中文字幕区 | 末满18以下勿进色禁网站 | 亚洲天堂免费观看 | 999国内精品永久免费视频 | 成人在线观看午夜 | 亚洲网站www | 新版天堂中文资源8在线 | 欧美亚洲中日韩中文字幕在线 | 91久久另类重口变态 | 欧美日韩一区二区在线视频 | 国产日韩精品一区二区在线观看 | 成年网站免费视频黄 | 国产日产欧美精品一区二区三区 | 国产一级久久免费特黄 | 午夜在线亚洲男人午在线 | 在线看片欧美 | 黄 色 三 片 | 欧美最刺激好看的一级毛片 | 美女操穴视频 | 国产在线观看精品 | 久久国产乱子伦精品免费不卡 | 国产偷自拍 | 欧美国产日韩在线播放 | 香蕉久久夜色精品国产2020 | 三级黄色片在线免费观看 | 久久国产精品视频一区 | 国产精品v在线播放观看 | 国产午夜精品久久久久小说 |