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Yu Bin

Goals and Key Points for Current Macroeconomic Policy

2014-02-17

By Yu Bin, Department of Macroeconomic Research, the DRC

Research Report No, 116, 2012

Abstract:

China's economy continues to slow in growth from its previous average, to some extent it is changing from rapid to an intermediate speed. In addition, since the country is faced with less pressure on maintaining a rapid economic growth for greater employment and stability, the macroeconomic policy should focus on stable growth and benefits as well as risk prevention.

What's more, the country needs to emphasize reform-oriented supply policies, stimulate supply, and maintain investment growth to provide a foundation for structural and development adjustment and a mid-to-long economic development.