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Minister assures stable fiscal policy

Minister assures stable fiscal policy By CHEN JIA | CHINA DAILY | Updated: 2021-03-06 07:36 Share CLOSE Minister of Finance Liu Kun addresses reporters queries via video link after the opening meeting of the fourth session of the 13th National People s Congress in Beijing on Friday. [Photo by Kuang Linhua/China Daily] The people-centered fiscal policy will remain basically stable, without any sharp shifts, Finance Minister Liu Kun said during a news conference on Friday. Unlike last year, the fiscal deficit-to-GDP ratio and the local government special bond quota targets will decline, but still be higher than the level in 2019, he said.

Minister assures stable fiscal policy--China Economic Net

Minister assures stable fiscal policy--China Economic Net
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Bull run in A shares to continue in Year of Ox

Bull run in A shares to continue in Year of Ox By SHI JING in Shanghai | China Daily | Updated: 2021-02-18 09:10 Share CLOSE Investors check share prices at a securities brokerage in Fuyang, Anhui province. LU QIJIAN/FOR CHINA DAILY Adequate liquidity, a positive outlook on the performance of public companies and continued economic recovery will help the A-share market to maintain a bullish trend in the Year of the Ox, experts said. The probability of the benchmark Shanghai Composite Index going up during the first trading week after the Spring Festival came in at 76 percent while the rate for the index to report gains during the month after the Lunar New Year began came in at 66 percent, Guosen Securities said in a report that used data over the past 21 years.

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