Ministry Of Finance: Continue To Promote Positive Fiscal Policy
In the second half of the year, the central bank will continue to implement moderately loose monetary policy.
Treasury Department
Also stressed that the second half of the year to continue to implement a proactive fiscal policy.
Xie Xuren, Minister of finance, made clear on the 27 day when he deployed the second half of the year that he should take the "stability policy" as the main keynote of macroeconomic regulation and control, continue to implement the positive fiscal policy, grasp the intensity, rhythm and key points of policy implementation, and strive to promote sound and rapid development of the economy and society.
Xie Xuren made the remarks at a forum held by the national finance department (bureau) in mid 2010.
Analysts pointed out that some European countries have been forced to cut government spending to ease the sovereign debt crisis, triggering a new round of global debate on whether the government's stimulus policy should be withdrawn.
Against this background, China's active fiscal policy has attracted much attention.
Looking forward to the second half of the year, China
Economic development
The situation is generally good, but the environment at home and abroad is still complicated.
In response to the current economic and financial situation, Xie Xuren called for all levels in the second half of the year.
Financial sector
We should take stability policy as the main keynote of macroeconomic regulation and control, continue to implement the proactive fiscal policy, and strengthen coordination with monetary policy.
Jia Kang, director of the Finance Ministry of the Ministry of finance, said that our country once again reaffirmed the positive fiscal policy, which is a firm choice to deal with the current series of "dilemma" problems. It is designed to guard against the negative impact of various external uncertainties on the determinacy, and to prevent the negative effects of internal policies on economic and social development.
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