Thursday, March 5, 2015

ecns [expanded by feedex.net]: China rules out introduction of strong stimulus

ecns [expanded by feedex.net]

ecns

China rules out introduction of strong stimulus
http://www.ecns.cn/business/2015/03-05/156908.shtml
Mar 5th 2015, 08:03





2015-03-05 17:03 Xinhua Web Editor: Gu Liping


China's top economic planner said Thursday that China will not introduce strong stimulus measures to prop economy.[Special coverage]


Xu Shaoshi, minister in charge of the National Development and Reform Commission, made the comments hours after Chinese Premier Li Keqiang announced to lower China's economic growth target to around 7 percent in 2015.


Xu, however, underlined importance of investment, which he believes continues playing a key role in promoting Chinese economy.








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