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Economic Watch: China's economy to keep recovering with proactive fiscal policy--China Economic Net

The epidemic-induced lockdowns loomed over China s economy in the first half of 2020, but with quick emergency response and government-aided stimulus package, the country s economy roared back.

Massive tax cuts and increased government spending have helped the economy recover faster. The market is also closely watching over the country s fiscal policy in 2021: Would the country withdraw its financial support straight away? And how strong would its economic recovery be?

The country s annual key meeting on economic work has boosted market confidence. China would keep its macroeconomic policies consistent next year by not making any sudden turns as the foundation of its economic recovery is not yet solid. That means the government will stick to its proactive fiscal policy in 2021. ....

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China to improve its fiscal policy quality - Buz & Tech News

China to improve its fiscal policy quality - Buz & Tech News
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New trends to watch for China's economy in 2021 - Buz & Tech News

New trends to watch for China's economy in 2021 - Buz & Tech News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.

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New trends to watch for China's economy in 2021--China Economic Net

Consumption could emerge as the key growth driver for the Chinese economy in 2021 thanks to further job market recovery, the revival of consumer confidence as well as more policy support, economists predicted.
China will keep its macroeconomic policies consistent, stable and sustainable in 2021, according to the tone-setting Central Economic Work Conference that took place in December.
At a time when cooperation and coordination are more important than ever, China is expected to continue to open up to the world and safeguard a multilateral trading system.
Optimism built up in the Chinese market at the beginning of 2021, with its stocks climbing and its currency gaining strength. ....

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New trends to watch for China's economy in 2021

New trends to watch for China s economy in 2021
1
2021-01-06 09:39:30Xinhua
Editor : Zhang Mingxin
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Optimism built up in the Chinese market at the beginning of 2021, with its stocks climbing and its currency gaining strength.
China s stock market headed into the new year on an upbeat note, with the benchmark Shanghai Composite Index rising 1.6 percent during the first two trading days. The ChiNext Index, tracking China s NASDAQ-style board of growth enterprises, gained 0.65 percent after soaring 3.77 percent Monday.
The central parity rate of the Chinese currency renminbi, or the yuan, rallied to its highest level since June 2018 to 6.476 against the U.S. dollar Tuesday, as investors stay bullish on the country s economic fundamentals. ....

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