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

Fiscal policy to play larger growth role

By ZHENG YANGPENG (China Daily) Updated: 2014-07-03 07:30

Fiscal policy to play larger growth role

An employee works at a rod machine at a special steel plant in Dalian, Liaoning province. Although economic growth has stabilized, downward pressures still remain, said a Bank of China report.LIU DEBIN/CHINA DAILY

Strategic sectors to benefit from govt measures to boost expansion

Fiscal policy is expected to play a larger role in supporting second-half GDP growth, while the scope of "targeted" monetary easing may expand, Bank of China Ltd's research unit said in a report on Wednesday.

The report, released by the Institute of International Finance, said that although growth in recent months has stabilized, downward pressure has persisted, so more supportive policies are needed.

Fiscal policy could play a broader role, with larger expenditures and a wider deficit, the report said. More money should be spent on railway construction in inland regions, urban renovation, energy efficiency and urban infrastructure, which would translate into higher investment growth.

Fiscal policy to play larger growth role
Govt steps on fiscal pump

Fiscal policy to play larger growth role
Transition or trend? Financial difference will be crucial issue

The government would also further ease companies' tax burdens and allow more cities to make independent issues of municipal bonds, the report said.

"The fiscal deficit was 2.2 percent in 2013. It could be higher this year, as long as it doesn't exceed 3 percent, an international warning level," said Zhou Jingtong, a senior researcher at the institute.

Shenyin & Wanguo Securities Co Ltd and China Minzu Securities Co Ltd have also forecast increased fiscal expenditure, specifically on infrastructure, in the second half.

Fixed-asset investment growth in May did not deteriorate much despite slumping real estate investment growth, mainly because of accelerated infrastructure spending.

Infrastructure investment in the first five months rose 25 percent year-on-year, 2.2 percentage points faster than in the first four months, according to the National Bureau of Statistics.

On the monetary policy front, BOC forecast more "targeted easing" toward sectors that are regarded as "strategically emerging industries" such as renewable energy and alternative-fuel vehicles.

The next cut in the reserve requirement ratio-the amount of money banks are required to set aside-could also be larger than the most recent trim.

To spur lending to agriculture and small businesses, the central bank in early June cut the reserve requirement ratio by 0.5 percentage point for commercial banks that have extended a certain portion of their loans to agriculture and small businesses.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产不卡影院 | 久久久久久久免费视频 | 亚洲成aⅴ人片在线影院八 亚洲成av人片在线观看 | 国产视频二区在线观看 | 免费特黄级夫费生活片 | 中文字幕人成不卡一区 | 九九视频在线观看视频 | 日韩免费一区二区三区 | 国产精品a人片在线观看 | 国产一久久香蕉国产线看观看 | 国产精品免费看久久久久 | 国产亚洲精品91 | 欧美性一级 | 国产成人免费观看在线视频 | 国产一级视频在线观看 | 国产精品国三级国产aⅴ | 另类欧美视频 | 狠狠色丁香九九婷婷综合五月 | 精品国产a | 成人午夜免费视频毛片 | 国产欧美日韩精品在线 | 欧美日韩成人在线视频 | 国产一区在线观看免费 | 亚洲精品在线看 | 国产第一页久久亚洲欧美国产 | 加勒比综合在线 | 欧美人成在线观看 | 免费国产成人高清在线观看不卡 | 香港三级日本三级妇人三级 | 久久99精品久久久久久综合 | 日韩免费专区 | 国产日韩欧美另类 | 俺来也俺来也天天夜夜视频 | 完整日本特级毛片 | 亚洲欧美视频二区 | 成年黄色网址 | 未成人做爰视频www 窝窝午夜精品一区二区 | 在线观看aaa| 日本午夜高清视频 | 精品国产一区二区三区在线 | 日本aaa视频 |