|
|
NPC & CPPCC Annual Sessions > Biz & Economy > News
|
Policy advisor: 4-trillion-yuan stimulus is not enoughBy Cui Xiaohuo and Li Weitao (chinadaily.com.cn)
Updated: 2009-03-04 14:19 Chinese Government needs to make fresh investment in addition to the 4-trillion yuan ($586 billion) economic stimulus plan to boost the slowing economy, a senior policy advisor said on Wednesday. Zheng Xinli, vice-director of the Policy Research Office of the Central Committee of Communist Party of China, said the economic downturn is already bottoming out in China but it's still "necessary" for the government to increase the investment budget to boost the economy.
Boosting consumption now remains the top priority for the government, Zheng told reporters on the sidelines of the annual session of the Chinese People's Political Consultative Conference (CPPCC), which opened on Tuesday. It's also necessary for the government to increase investment in affordable houses to boost the sagging property market, he added.
|
松桃| 英德市| 大冶市| 四平市| 永兴县| 个旧市| 嘉峪关市| 包头市| 巴彦县| 敖汉旗| 房山区| 六枝特区| 遵义市| 叙永县| 喀什市| 九江县| 凤山市| 岳阳县| 堆龙德庆县| 桂林市| 甘南县| 五寨县| 江源县| 资溪县| 普定县| 丽江市| 威宁| 康定县| 桂阳县| 交口县| 澄江县| 洛扎县| 剑河县| 绩溪县| 汉沽区| 浏阳市| 邮箱| 庆阳市| 当涂县| 会同县| 靖江市|