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my country will implement a prudent fiscal policy

 Last Update: 2021-03-31
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[China Epoxy Resin Industry Online] December 6, 2004.
At the Politburo meeting of the CPC Central Committee held on the 1st, the top leaders set the tone for next year’s economic policy: dual stability, that is, the implementation of a prudent fiscal policy and Monetary Policy.
At this point, the proactive fiscal policy that has been implemented for 7 years will officially fade out of the stage.

Upon hearing this news, Yi Xianrong, director of the Financial Development Office of the Institute of Finance of the Chinese Academy of Social Sciences,’s first reaction was: “This is an inevitable trend.

” “China has adopted proactive fiscal policies to promote rapid economic development for many years.

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