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Jan-Feb Data Shows Improvements - Lan Fo’an

CHINA PRESS

China’s economic indicators for January and February showed improvement and the government remains confident in meeting its annual development goals, according to Lan Fo’an, finance minister. Speaking at the China Development Forum, Lan said authorities will strengthen fiscal intensity this year with a general public budget expenditure of CNY28.5 trillion, up 4% y/y. The Ministry of Finance will continue to stimulate potential consumption and enhance the role of domestic demand in driving economic growth. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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