China Continues Active Fiscal Policy
Xie Xuren, China's finance minister, pointed out at the G20 meeting to promote the world.
Economics
In order to stabilize the recovery, countries should maintain the continuity and stability of macroeconomic policies, and carefully determine the timing and mode of exit strategies according to their respective national conditions. While committed to economic growth, they should guard against and deal with inflation and financial risks, continue to oppose trade and investment protectionism, and promote the healthy development of international trade.
He emphasized that the realization of
Global
Strong, sustainable and balanced growth requires concerted efforts from all countries.
The developed countries should take effective measures to solve their own problems such as weak growth and unsustainable finances, and maintain the relatively stable exchange rate of major reserve currencies and reduce the volatility of international financial markets.
Developing countries should promote economic growth through reform and structural adjustment.
He pointed out that this year the Chinese government will continue to implement the proactive fiscal policy and moderately relaxed.
currency
According to the economic situation at home and abroad, we should grasp the intensity and emphasis of policies, focus on expanding domestic demand, adjust and optimize the structure, accelerate the pformation of the mode of economic development, and promote steady and rapid economic development.
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