THE Central Economic Work Conference (CEWC), a much-watched annual economic meeting in China, was held in Beijing on December 9-11, 2014, to focus on lowering the risks of a downturn and speeding up reforms in key a...THE Central Economic Work Conference (CEWC), a much-watched annual economic meeting in China, was held in Beijing on December 9-11, 2014, to focus on lowering the risks of a downturn and speeding up reforms in key areas to adjust to the "new normal" in 2015, China's central authorities decided at the meeting that the country will stick to its prudent monetary policy and proactive fiscal policy, Fiscal policy will be more forceful in 2015 and monetary policy will strike a balance between tight and loose, Emphasis was put on economic progress while maintaining stability: great significance was attached to structural rebalancing and improving the quality and efficiency of growth,展开更多
文摘THE Central Economic Work Conference (CEWC), a much-watched annual economic meeting in China, was held in Beijing on December 9-11, 2014, to focus on lowering the risks of a downturn and speeding up reforms in key areas to adjust to the "new normal" in 2015, China's central authorities decided at the meeting that the country will stick to its prudent monetary policy and proactive fiscal policy, Fiscal policy will be more forceful in 2015 and monetary policy will strike a balance between tight and loose, Emphasis was put on economic progress while maintaining stability: great significance was attached to structural rebalancing and improving the quality and efficiency of growth,