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 / 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: 欧美午夜精品久久久久免费视 | 亚欧成人毛片一区二区三区四区 | 成人影院一区二区三区 | 国产成人免费a在线资源 | 精品国产一区二区三区不卡在线 | 亚洲成人免费在线视频 | 深夜福利视频在线观看免费播放 | 欧洲成人在线视频 | 免费高清特级毛片 | 久久一日本道色综合久久 | 九九亚洲视频 | 特级毛片a级毛免费播放 | 国产丝袜不卡一区二区 | 一级做a爰片性色毛片视频图片 | 亚洲精品美女国产一区 | 亚洲第一页在线 | 欧美午夜视频一区二区 | 在线视频 一区二区 | 久久er热这里只有精品免费 | 国产精品免费看久久久 | 国内美女福利视频在线观看网站 | 日本69xxxxxxxxx69 日本a v 黄 日本aaaa级 日本aaaa级毛片在线看 | 中文乱码字幕午夜无线观看 | 免费国产成人 | 男人的天堂免费网站 | 国产精品久久久久久一区二区 | 国产在线观看网址你懂得 | 亚洲天堂毛片 | 国产精品九九 | 国产一区私人高清影院 | 色播基地| 国产精品美女一级在线观看 | 高清在线亚洲精品国产二区 | 97在线视频免费 | 国产韩国精品一区二区三区久久 | 国产成人av在线 | 男女福利| 91网站国产 | 日本欧美高清 | 女在床上被男的插爽叫视频 | 黄色毛片免费 |