China'S Economy Faces Three Major Policy Variables Challenges

Xia Bin, member of the State Council counselor, director of the Financial Research Institute of the State Council Development Research Center and member of the central bank's monetary policy committee, said that China's economy will not have a second dip.

He also pointed out that China is currently facing three major challenges.

Xia Bin believes that the direction of some macro-control policies in the past six months is correct, and the effect of regulation is also gradually reflected.

As long as we have the determination to stick to this direction and add fine-tuning, we believe that the domestic macro-economy can still maintain relatively high speed growth, and the Chinese economy will not have second bottom searches. "

Xia Bin said that the current macro-control effect is also gradually reflected, from the general trend, the development is good, the three quarter and fourth quarter is a quarterly decline, growth slowed down, the fourth quarter may fall to less than 9%, but for the whole year, most institutions think that the growth rate is about 9%-10%, IMF latest data forecast report data is 10.5%, which shows that if the whole year, the economy is relatively stable growth, from a global perspective is still a high growth.

"Therefore, the quarterly decline of macroeconomic GDP data this year is the result of policy adjustment. It is supposed to be reasonable and normal. Based on this judgment and situation, I personally believe that if we predict further the second half of the year, I believe that the correct direction of regulation should be unwavering in the first half of the year. We should stick to the proactive fiscal policy proposed at the end of last year's central economic work conference and the continuity and stability of moderately loose monetary policy, and at the same time, we should improve the flexibility and pertinence in policy implementation.

Xia Bin said.

Xia Bin stressed that the third quarter is the key, and should pay close attention to it.

When it comes to China's current challenges, Xia Bin says China faces three major economies.

When it comes to solving difficult solutions, Xia Bin said: "for such a major policy of local financing platforms, we must seek truth from facts, separate disposal and careful operation. My view on the real estate market is that we should send a very clear signal that the healthy development of China's real estate market must be dominated by consumer goods.

You can't find a way out because of so much money. We encourage him to develop the direction that should not be taken. Why not go on the business income tax, sell it, I'm sorry, the loss is relatively high, so in the regulation of real estate policy, we should prepare to spend two to three years to talk about strategies, so that the regulation of this market can develop smoothly as far as possible.

On how to maintain steady growth in the new situation, Xia Bin believed that the non-public economy should be strongly supported and the system should be implemented well.

He suggested that the relevant government departments should control the implementation of thirty-six non-public and one item.