The hottest measures to stabilize growth in China

China's measures to stabilize growth are expected to be intensively introduced in the near future to stimulate infrastructure. China's measures to stabilize growth are expected to be intensively introduced in the near future to stimulate infrastructure. Introduction: it is learned that in order to ensure the smooth realization of the main expected goals of economic and social development throughout the year, a series of measures to stabilize growth and expand domestic demand are expected to be intensively introduced from April, and these measures will focus on investment and consumption. In terms of investment, it is expected that the infrastructure construction and affordable housing in the central and western regions

it is learned that in order to ensure the smooth realization of the main expected goals of economic and social development throughout the year, a series of measures to stabilize growth and expand domestic demand are expected to be introduced intensively from April, which will focus on investment and consumption. In terms of investment, it is expected that the infrastructure construction, affordable housing projects, shantytowns reconstruction and other key livelihood projects in the central and western regions

in terms of consumption, we will actively cultivate new consumption growth points, strive to improve the overall layout of domestic trade circulation, and the access to commerce, logistics, e-commerce and other fields is expected to be further relaxed

steady growth still needs investment

experts and analysts pointed out that from the perspective of the way of steady growth measures, investment will still be the main focus, mainly covering affordable housing projects, agriculture, major water conservancy, central and Western railways, energy conservation and environmental protection, social undertakings, Urban Haze management, underground pipe reconstruction, water supply and drainage facilities construction, urban subway, rail transit, etc. The executive meeting of the State Council held on March 19 pointed out that efforts should be made to keep the economic operation within a reasonable range, and the determined measures to expand domestic demand and stabilize growth should be introduced as soon as possible. The preliminary work of key investment projects and the construction of pet food should be accelerated, and the budget funds should be allocated in a timely manner. We will implement the national new urbanization plan and complete the construction of affordable housing projects, including the transformation of shanty towns, on schedule

zhuhaibin, chief economist of JPMorgan Chase China, predicts that more measures to stabilize growth will be introduced in the future, including accelerating investment in infrastructure and affordable housing, increasing expenditure in the fields of railways, environmental protection and clean energy, and accelerating the implementation of structural reforms. The fiscal surplus in the first two months of this year was 786billion yuan, a significant increase from 632billion yuan in the first two months of last year, while the target of this year's fiscal budget is 1.35 trillion yuan, which means that expenditure will be increased in the future

lixunlei, chief economist of Haitong Securities, said that it is expected that the adjustment of economic policies will be prudent and small, the intensity of fiscal expenditure will increase for high-end products, and the pull on the economy will be mainly reflected in infrastructure investment

monetary policy may be fine tuned

for monetary policy, Zhu Haibin predicted that the central bank will maintain a neutral monetary policy and credit policy, but may make fine adjustments to support steady growth measures. The central bank may maintain the inter-bank interest rate at a low level for a longer period of time, which is conducive to stabilizing the financing costs of final borrowers. He does not believe that the central bank will reduce the reserve ratio as a measure to stabilize growth

Li Xunlei said that monetary policy would be moderately relaxed. In February, the broad money M2 increased by 13.3% year-on-year, which can be reduced by adding a test stick and close to the annual target value (13%), and there is little room for monetary policy tightening. At the same time, the current inflation level is significantly lower than the annual target value, the RMB exchange rate has depreciated, and the share of foreign exchange has decreased, but the possibility of reducing interest rates is unlikely, and the possibility of reducing the deposit reserve ratio exists. Under the condition of declining investment demand, the market demand for funds will also fall. The funding level in the second quarter should not be too tight, and the time point for reducing the deposit reserve ratio may be postponed. Therefore, the suitability of monetary policy, together with the anti adhesion function of film, has become the quantitative evaluation target of the openness of plastic film. The loose degree will be mainly reflected in the open market operation of the central bank