Budget deficit set to rise
Source: Xinhua |
February 1, 2016, Monday
|
Print Edition
Print Edition
CHINA’S proactive fiscal policy will continue in 2016 and its general public budget deficit will expand, China International Capital Corp has said in a note.
CICC analysts expect the deficit this year at 2.2 trillion yuan (US$336 billion), or 3 percent of the country’s gross domestic product.
CICC’s forecast came after a national fiscal work conference statement said last month that China would increase its budget deficit in 2016 and gradually raise its fiscal deficit ratio.
In an effort to shore up growth, China raised its deficit-to-GDP ratio to 2.3 percent for 2015 from 2.1 percent in 2014.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
