Li Keqiang has not announced any new stimulus measures on Wednesday, only emphasizing the importance of implementation of measures, including policy development financial instruments, special re -loan, fiscal discount and other policies.He also demanded the implementation of the "guarantee transmission building" policy and ensuring the stable supply of energy.
China's economic prospects continue to be sluggish, and Premier Li Keqiang of the State Council Li Keqiang on Wednesday (September 28) in a meeting, the economic overall economic overall has resumed and stabilized in the third quarter.The policy will be played in the fourth quarter, suggesting that the last three months of this year will be the critical period of China's economic recovery.
Experts interviewed by experts analyzed that China is expected to enter the construction of major infrastructure projects in the fourth quarter, stacking consumer measures to work together, and will provide good support for the annual growth of the macro economy.However, strict epidemic prevention measures and housing markets may not have significantly improved in October, and will continue to drag down the economic performance in the fourth quarter.
According to the official media Xinhua News Agency, Li Keqiang hosted the "Fourth quarter work promotion meeting for the fourth quarter of the economic market", and four deputy prime ministers Han Zheng, Sun Chunlan, Hu Chunhua, and Liu He also attended all.
Li Keqiang pointed out that in the fourth quarter, the economy in the fourth quarter was the heaviest in the whole year. It is necessary to seize the time window and time node, stabilize market expectations, and promote the full implementation of policies and measures.
He also required to accelerate the construction of fund use and infrastructure projects, and to form more physical workload in the fourth quarter, and at the same time, he tried to expand effective investment and promote consumption.
A spokesman for the Ministry of Commerce Shu Tingting on Thursday, a routine press conference on Thursday, said that the recent stable growth of consumer policy has continued to develop, and the consumer market in mainland China has shown a good development trend.Support new energy vehicles to buy and use, and at the same time carry out home appliances to replace new new replacements, and promote green smart home appliances to the countryside.Officials will also promote the restoration and development of catering and accommodation industries.
Wang Jun, director of the China Chief Economist Forum, analyzed in an interview with Lianhe Morning Post that the proportion of contributions to China ’s annual growth in the fourth quarter was large.The superimposed consumption policy will provide good support for the annual growth.
Nevertheless, many economists have continued to express pessimism to China's economic prospects and have been lowered. China's growth forecast for two years and next year.
According to data released by the National Bureau of Statistics of China on Tuesday, the profit of industrial enterprises decreased by 2.1 % year -on -year from January to August this year, a decrease of 1.1 % from the first seven months of this year, and further declined a percentage point.
China official on Friday released the front of the manufacturing procurement manager index (PMI) in September, Reuters estimates that the PMI of the month was 49.6, which continued to be lower than 50 points.Essence
Li Keqiang has not announced any new stimulus measures on Wednesday, only emphasizing the importance of implementing measures, including policy development financial instruments, special re -loan, fiscal discounts and other policies.He also demanded the implementation of the "guarantee transmission building" policy and ensuring the stable supply of energy.
It is said that it will issue an additional funding infrastructure of government bonds
However, Reuters quoted two sources on Thursday that the Chinese Ministry of Finance plans to issue approximately 2500 billion yuan (RMB, Same, Same, Names, S $ 501.4 billion) in the fourth quarter to support the slowdown macroeconomic economyEssenceAccording to Bloomberg's calculation, the fiscal deficit of Chinese governments at all levels in the first eight months of this year has expanded to 6 trillion yuan, writing a record high, an increase of 50 % over the same period in the same period in 2020.
According to the official media Securities Times reported on the same day, China has distributed an additional 300 billion yuan through three national policy banks as of Wednesday for infrastructure projects.
The People's Bank of China also issued a statement on Thursday, saying that it will need to increase the special borrowing efforts of the "insured property" to ensure that the delayed real estate projects can be delivered, and at the same time call on commercial banks to provide financing support for it.
Wang Jun evaluated that in the face of continuous economic slowdown pressure, the Chinese government will help stabilize economic growth today by increasing the strength of fiscal policy, appropriate leverage, and issuing government bonds to support infrastructure projects.It will provide a relatively good start next year.
But Wang Jun also pointed out that the prevention and control of the epidemic and weak property market will still be the two core factors that restrict economic performance in the short term.He said that the traditional "Golden Nine Silver Ten" peak season has not led to a strong recovery of the real estate market this year, and the epidemic has continued to outbreak in some regions. "It is estimated that there will be no obvious changes in the fourth quarter.China's economic performance ".
