Chinese government work report is full of guidance
May 29, 2020 08:31 Source: "China Social Sciences", May 29, 2020, No. 1936 Author: Chen Yu Tong/Compilation

 bet365 live casino games Belgian Think Tank Brazer International Economic Research Institute on May 25 published a review article by Alician García-Herrero,Explanation of China ’s Two Sessions and Economic Revolution Plan。Garcia-Elero said,Government work report should be welcome。

The article mentioned,In terms of economic management policy,China has made a series of adjustments to the special situation in 2020。Promoting interest rates continues to decline Bet365 app download and set higher inflation targets,It indicates that the monetary policy of the next few months will be more loose,The introduction of the large -scale fiscal stimulus plan is expected。Article representation,Due to the impact of the epidemic in many countries around the world,External needs of China's economy are facing challenges,Domestic demand also needs further recovery,Under this situation,It is necessary to introduce more stimulus measures。Therefore,Government work report in 2020 should be welcomed。If the economic stimulus plan is re -positioned as a more targeted and effective investment,Economic bet365 best casino games recovery process will be easier。At the same time,Articles agree with the social security measures proposed by the two sessions,It is believed that the establishment of a more complete national welfare system is conducive to maintaining the level of residents' income,to ensure family and domestic consumption。

The fiscal deficit growth brought by the adjustment of local government financing tools is one of the focus of the voice of the two sessions。Garcia-Elero believes this,China has enough domestic savings to hold these debts,After the economic impact caused by the epidemic is fully controlled,China can reduce the scale of public debt。

Bet365 lotto review In addition,Articles make suggestions on how to drive domestic demand and promote economic and social development。Garcia-Elero said,More reasonable resource allocation can buffer China's inevitable structural deceleration,It requires a greater extent to support family income,Further realize the transformation of China's economy to consumer -driven growth model。For a society,A variety of ways to continue the economy in vitality,Among them, it is the most powerful to provide security nets for low -income groups and continue to move through innovation。Article thinks,With such a policy portfolio,The bet365 Play online games special time point of 2020 is expected to become a new opportunity for China to promote economic modernization,It will become an important page in the history of China's development。

  (Chen Yutong/Compilation

Editor in charge: Wang Ning
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