During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improvin...During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improving the financial environment to achieve higher efficiency in resource allocation,supporting innovation and business startups,facilitating the role of investment in stimulating growth,and developing a system of diversified financial institutions.展开更多
Not all policies can have extremely strong"announcement effect",in other words,the generation of"Draghi moment"requires certain specific conditions,which the author boils down to four aspects.
文摘During the 13th Five-Year Plan(2016-20)period,China must improve the efficiency of the financial sector in serving the real economy.Following this principle,five major tasks should be undertaken,which include improving the financial environment to achieve higher efficiency in resource allocation,supporting innovation and business startups,facilitating the role of investment in stimulating growth,and developing a system of diversified financial institutions.
文摘Not all policies can have extremely strong"announcement effect",in other words,the generation of"Draghi moment"requires certain specific conditions,which the author boils down to four aspects.
