Global EditionASIA 中文双语Français
Home / Business / Macro

Experts weigh in on Central Economic Work Conference | Updated: 2020-12-23 06:40
Share - WeChat
Jia Kang, chief of the China Academy of New Supply-side Economics. [Photo/]

Next year is the start of the 14th Five-Year Plan. For China's economic performance in 2021, some international organizations and domestic researchers agreed that during the first quarter, China's GDP growth rate will be higher and the full year economic growth is expected to be 8 percent or higher. Some prudent experts predicted the figure will be 7.5 percent.

For large economies, a growth rate of 7.5 percent or 8 percent is high growth. The key is the improvement of growth quality, Jia said.

This year, China's deficit-to-GDP ratio rose from 2.8 percent to more than 3.6 percent. It is not necessary for the government to again issue special treasury bonds for COVID-19 control, but it cannot take a "sudden turn" on the issue of deficit-to-GDP ratio.

|<< Previous 1 2 3 4 5 6 7 8 9 Next   >>|
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