Vital stimulus check
China Daily | Updated: 2009-10-29 08:17
The efforts of Chinese lawmakers to scrutinize the quality and effect of the country's 4-trillion-yuan ($586 billion) stimulus package are more than needed in spite of the initial fruit it has borne in reviving economic growth.
If the country is to make utmost use of such massive public spending to pursue sustainable recovery, it is time to make a thorough assessment and adjust the focus of the stimulus package in line with the quality of economic growth.
The Standing Committee of the 11th National People's Congress (NPC) yesterday reviewed a government report on implementation of the massive public spending program that the country rolled out about a year ago to fight the worst global financial and economic crisis in many decades.
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