Analysts expect fiscal spending to......>

CHINA PRESS: Analysts expect fiscal spending to accelerate in the next two

months after the central government has encouraged fiscal spending, China

Securities Journal reported on Tuesday. 

  - Faster fiscal spending will increase the efficiency of fiscal spending and

will help to cushion the impact of tighter funding on the economy, the report

said, citing Pan Xiangdong, the chief economist at New Times Securities. 

  - However, faster fiscal spending will not bring in more money for local

governments, so a faster fiscal spending in the first half of the year will mean

a slowdown in financial spending in the second half, said Pan. 

  - As the deleveraging and financial risks prevention campaign is still

ongoing, fiscal spending will more likely support energy saving, environment

protection and rural vitalization, and not necessarily infrastructure

investments, said the report, citing Zhao Wei, analyst at Changjiang Securities.