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China Should Maintain Spending Intensity In 2021: Report

CHINA PRESS
MNI (Sydney)

China should maintain its fiscal expenditure including maintaining the scale of local government special bonds, according to a report by the China Finance 40 Forum. Monetary policy should be maintained at the current neutral level, while the central bank should pay close attention to exposure to credit risks, the report noted. China should also promote structural reform in medical care and education, and increase housing and land supply in big cities, the report urged.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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