摘要
Earlier this year, in a bid to combat an economic slowdown, the Chinese Government launched several policies,such as cutting reserve requirement ratios for certain banks, increasing railway investment, re- ducing taxation on small and micro-businesses, and quickening renovation of shantytowns. Some in the media have begun to refer to these policies as "mini-stimulus" measures, because the government has reiterated its de- termination to steer away from stimulus efforts featuring massive investments.
Measures targeting weak economic sectors have produced the desired results in boosting GDP growth By Deng Yaqing Earlier this year,in a bid to combat an economic slowdown,the Chinese Government launched several policies,such as cutting reserve requirement ratios for certain banks,increasing railway investment reducing taxation on small and micro-businesses,