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Additional fiscal moves needed to boost GDP

Economists advised China to adopt a more proactive fiscal policy, increase government spending and take greater steps to bolster consumption, as the economy may encounter strong headwinds during the lingering COVID-19 pandemic. ....

Lu Ting , Li Xunlei , Sheng Songcheng , Shen Jianguang , China Europe International Business School , People Bank , National Bureau Of Statistics , Economists Forum On , Economists Forum , National Bureau , Zhongtai Securities ,

More measures to spur consumption

China's consumer goods market is expected to maintain growth momentum this year, fueled by the rising per capita disposable incomes of Chinese residents and more supportive policies to shore up consumption in the pipeline, amid headwinds from external uncertainties and a resurgence in domestic COVID-19 cases, experts said. ....

Wang Yun , Zhao Ping , Fu Linghui , Academy Of Macroeconomic Research , National Bureau Of Statistics , National Bureau , State Council , Beijing Based Academy , China Council , International Trade , Covid 19 ,