在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

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

Results-based investment preferred

By OUYANG SHIJIA | China Daily | Updated: 2022-02-24 09:06
Share
Share - WeChat
An employee works at a vehicle production facility in Qingzhou, Shandong province, on Thursday. [Photo by Wang Jilin/For China Daily]

No drastic stimulus moves seen on horizon for stabilizing GDP growth

China will take steps to expand targeted and effective investment while ruling out a deluge of strong stimulus policies, the country's top economic regulator said on Wednesday.

The National Development and Reform Commission said the move will help reinvigorate various enterprises, prevent a new round of repetitive construction and overcapacity, and promote high-quality development.

To stabilize the overall economy, local governments are required to intensify preliminary work on key projects mapped out in the 14th Five-Year Plan (2021-25) and major industrial projects in key regional strategic plans. And more efforts are also needed to launch those projects as soon as possible, the NDRC said in a statement posted on its official website.

The NDRC said it will continue to optimize the investment environment and promote steady growth of investment in key industry areas.

The new move came after the NDRC and 11 other central departments on Friday jointly released a policy document to promote steady growth of investment in industry, reiterating the goal of stabilizing the overall economy.

On Tuesday, the NDRC and the Ministry of Industry and Information Technology held a teleconference on promoting the steady growth of the industrial economy.

The meeting stressed that China maintained steady industrial growth in 2021, marking a good start for the 14th Five-Year Plan period. It has demonstrated the Chinese economy's strong resilience and broad prospects.

Amid a more complicated external environment and multiple pressures from shrinking demand, supply shocks and weakening expectations, the meeting called for more efforts to implement policies to ease pressure on enterprises, expand targeted and effective investment, maintain the stability of industrial and supply chains and strengthen risk monitoring and management.

Li Quan, chief economist at LC Securities, said while China's economic growth may slow in the first quarter due to the high base last year, the fundamentals of long-term economic development remain unchanged.

Li, who is also a finance professor at Nankai University, expects policymakers will take more steps to shore up growth this year. He said the government should focus on stabilizing employment and expectations, which will help spur consumption, effectively expand domestic demand and stimulate the vitality of market entities.

Luo Zhiheng, chief economist at Yuekai Securities, believes China's economy will gradually return to normal after its economy was severely disrupted by the COVID-19 pandemic in 2020 and 2021.

Luo expects a V-shaped recovery in 2022, with second-quarter GDP growth marking a nadir in full-year performance, saying the economy will gradually stabilize in the second half.

He said consumption and investment in manufacturing and new infrastructure will become key driving forces to spur the economy this year. And the development of new energy, new infrastructure, high-tech manufacturing, and small and medium-sized enterprises that specialize in niche sectors will create new growth points and inject new impetus into the economy.

Liu Kun, China's finance minister, said at a recent news conference that fiscal policies have already been loaded in advance to face the challenge of downward pressure. Among the 1.46 trillion yuan ($231 billion) earmarked to be raised from special local government bonds, some 484.4 billion yuan has already been released in January.

Bond proceeds were mostly spent on key areas like infrastructure facilities related to transportation, city planning, industrial parks and on improving affordable housing facilities.

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: 日韩中文字幕视频在线观看 | 四虎影院最新网址 | 久久国产精品99久久久久久牛牛 | 中文字幕一二三区有限公司 | 欧美激情一区二区三区蜜桃视频 | www97影院| 亚洲国产精品久久久久秋霞蜜臀 | 日韩在线亚洲 | 亚洲成年 | 青青草久草在线 | 人人干天天操 | 亚洲美女网址 | 欧美一区二区在线观看 | 中文字幕日韩欧美一区二区三区 | 久久久成人精品 | aaaa网站| 日韩色综合 | 亚洲精品一区二区三区 | av在线一区二区三区 | 日韩中文字幕无码一区二区三区 | 美女一级a毛片免费观看97 | 三区中文字幕 | 91精品国产欧美一区二区成人 | 综合 欧美 亚洲日本 | avav在线看| 狠狠做深爱婷婷久久综合一区 | 成人在线一区二区 | 青青草国产成人av片免费 | 视频一区免费观看 | 天天操天天色天天 | 日韩精品一区二区在线观看 | 成人一区二区三区在线观看 | 中文字幕在线视频一区 | 国产日韩欧美在线观看 | 欧美怡红院视频一区二区三区 | 国产极品美女高潮无套av个 | 中文字幕第九页 | 精品一区二区久久久久久久网站 | 欧美 日韩 国产 成人 在线 | 欧美一二三区在线 | 欧美成人一区二区 |