Minister: Fiscal policy to boost structural reforms
By Zhou Lanxu and Xin Zhiming | China Daily | Updated: 2019-03-25 07:35
China will use fiscal policy to optimize economic structures this year, Minister of Finance Liu Kun said on Sunday at the China Development Forum 2019 in Beijing.
"While the proactive fiscal policy will moderately expand domestic demand, it will stick to the main task of supply-side structural reforms," Liu said.
He said the world's second-largest economy is now tackling difficulties in optimizing economic structures to achieve high-quality growth, a process in which fiscal policies play an important role.
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