久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

S&P Global affirms China's long-term sovereign credit ratings at A+

By Chen Jia | chinadaily.com.cn | Updated: 2020-06-29 20:14
Share
Share - WeChat
A worker checks the operation of a carbon fiber production line at a factory in Lianyungang, Jiangsu province, on June 28, 2020. [Photo by Geng Yuhe/for China Daily]

S&P Global Ratings affirmed its sovereign credit ratings on China at "A+" for the long term, with a stable outlook on Monday, as the country is likely to maintain above-average economic growth performance relative to other middle-income economies in the next few years.

The short-term sovereign credit ratings were set at "A-1", it showed.

"The stable outlook reflects our view that China will maintain above-average headline GDP growth and improve its fiscal performance over the next three to four years," S&P Global Ratings said in a rating report.

The global rating company expected China's per capita real GDP growth to average 5.5 percent annually in 2021-2023, as the economy recovers from the shock of COVID-19. It also anticipates continued implementation of restrictions on the off-budget borrowings of local governments to lead to shrinking fiscal deficits.

But China's growth is likely to come under the pressure of uncertainties over the COVID-19 pandemic, China-US tensions, and ongoing efforts to restructure the economy and reduce financial risks, it said.

In 2020, the Chinese government's policy stimulus for mitigating the economic damage of COVID-19 is to increase net general government debt by almost 10 percent of GDP, the report said. This includes the issuance of government bonds, including the COVID-19 special treasury bond, as well as local government-related, off-balance sheet borrowings counted as general government debt.

"We think China's monetary policy is credible and effective, as demonstrated by its record of low inflation and its pursuit of financial sector reform," said to Kim Eng Tan, an analyst with S&P Global Ratings.

The central bank's open-market operations affect the economy through a largely responsive interbank market and a sizable and fast-expanding domestic bond market. The liberalization of commercial interest rates at banks in recent years is an important reform that could further improve monetary transmission in China, Tan said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美一区二区视频 | 国产成人精视频在线观看免费 | 国产第一草草影院 | 国产高清视频在线播放 | 欧美国产日韩在线观看 | 国产欧美一区二区三区免费 | 成人在线精品视频 | 国产精品激情丝袜美女 | 欧美高清在线视频在线99精品 | 性欧美高清久久久久久久 | 写真片福利视频在线播放 | 久久亚洲视频 | 日韩一区在线播放 | 黄色毛片在线 | 日韩高清免费观看 | 国产成人综合网亚洲欧美在线 | 一级特黄性色生活片一区二区 | 久久日本精品一区二区免费 | 97国产精品欧美一区二区三区 | 杨幂国产精品福利在线观看 | 成人免费高清视频 | 午夜三级理论在线观看视频 | 在线视频精品一区 | 日韩精品一区二区三区免费观看 | 天干夜天天夜天干天ww | 久久亚洲精品中文字幕 | 中文精品久久久久国产网址 | 日本免费二区三区久久 | 成人免费大片黄在线观看com | 中文字幕波多野不卡一区 | aaaa毛片 | 免费99热在线观看 | 高清性做爰免费网站 | 性欧美一级毛片 | 久久久久国产一级毛片高清片 | 亚洲美女色成人综合 | 欧美性猛交xxxxx按摩国内 | 午夜性激福利免费观看 | 欧美成人性色生活片天天看 | 男女男精品视频在线播放 | 欧美成人免费公开播放 |