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

US EUROPE AFRICA ASIA 中文
Business / Opinion

Stimulus very different from 2008

By Ed Zhang (China Daily) Updated: 2014-04-14 07:12

First, the stimulus committed 115.8 billion yuan, an increase of 14.3 percent from last year, to the construction of low-rental units and to improving housing conditions for residents of extremely shabby quarters. The money is expected to result in more than 4.7 million new residential units.

Second, very small enterprises don't pay much tax in the first place, although they can face untold extra-legal levies from various local government agencies.

Stimulus very different from 2008
Government won't resort to short-term stimulus

Stimulus very different from 2008

Third, an additional 6,600 kilometers of new railways are to be built, 1,000 km more than last year's construction. Of the central government's provision of finance, 80 percent will be committed to railway lines in the impoverished central and western regions of the country.

In addition, a railway development fund is to be set up, that will be worth 200 to 300 billion yuan, half of which will be raised through public issuance of bonds.

If the government's total spending on the above items amounts to 500 billion yuan, it is small fry compared with the massive stimulus in 2008, which featured the central government's 4 trillion yuan allocation and much more from local governments.

More importantly, the mini-stimulus practically promises no money, and no leniency on raising money, to all the local governments that are watching local real estate markets hopelessly decline in transactions and in price.

Beijing is not helping them transform their cities into "world-class financial hubs" filled with large government blocks, crowded business districts and high-end shopping malls.

One can be sure that more than a few provincial and municipal officials were disappointed by Premier Li Keqiang's lack of sympathy for their high-flying economic ambitions.

But no one is sure when they will learn to encourage local economic development in more innovative ways.

The author is editor-at-large of China Daily.

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: videos欧美丰满肥婆 | 亚洲欧美精品一区天堂久久 | 青青自拍 | 日韩一区二区三区免费视频 | 成人精品视频一区二区在线 | 国产一级片免费观看 | 久久成年视频 | 91精品91 | 欧美性色生活片天天看99 | 男女男精品视频在线播放 | 永久黄网站色视频免费观看99 | 亚洲精品一二三四区 | 免费岛国小视频在线观看 | 看免费人成va视频全 | vvvv99日韩精品亚洲 | 久久国内精品 | 国产一级爱做片免费观看 | 精品视频免费在线观看 | 99在线观看免费视频 | 亚洲精品成人a在线观看 | 欧美一级毛片香蕉网 | 99久久精品国产免看国产一区 | 日韩三级免费看 | 国内精品a| 尤蜜网站在线进入免费 | 男人的天堂在线观看免费 | 成人在线免费观看网站 | 成年人在线免费观看视频网站 | 国产精品久久久天天影视香蕉 | 国产精品热久久毛片 | 久草在线视频网 | 爱呦视频在线播放网址 | 亚洲夜 | 美女黄页网站 | 国产一二三区视频 | 日韩在线成人 | 97久久曰曰久久久 | a天堂中文在线官网 | 国产伦精品一区二区三区免费 | 欧美成人高清性色生活 | 中文字幕中文字幕中中文 |