Ⅰ.IntroductionSince the reform and opening-up,treasury bonds haveplayed an important role in raising funds and adjusting themacroeconomic activities in China.In 1998,China implemented a pro-active fiscal policy, whic...Ⅰ.IntroductionSince the reform and opening-up,treasury bonds haveplayed an important role in raising funds and adjusting themacroeconomic activities in China.In 1998,China implemented a pro-active fiscal policy, which was aimed at ex-panding the domestic demand,offsetting the combinednegative effects of the Asian financial crisis,the economic展开更多
基金the funds used in the future maintenance on public projects.
文摘Ⅰ.IntroductionSince the reform and opening-up,treasury bonds haveplayed an important role in raising funds and adjusting themacroeconomic activities in China.In 1998,China implemented a pro-active fiscal policy, which was aimed at ex-panding the domestic demand,offsetting the combinednegative effects of the Asian financial crisis,the economic