New PDF release: China's New Deal: Economic Development Under International

By Li Xiaoxi, Biliang Hu

ISBN-10: 1613248644

ISBN-13: 9781613248645

In recent times, a monetary hindrance now not encountered for nearly part a century broke out globally, deeply affecting the economic system of China. This publication covers issues when it comes to the monetary main issue in China, reminiscent of how the monetary challenge intensifies dialogue on 'the China Model', the great interpretation at the scale, constitution and results of the four trillion fiscal stimulus plan and the improvement of rural finance in China less than conditions of world-wide monetary upheaval.

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Extra info for China's New Deal: Economic Development Under International Financial Crisis

Example text

The countryside is originally green and how the new countryside needs to be better constructed in China. How is the development of rural finance in China under circumstances of worldwide financial crisis? How the 10 Major Industries Stimulus Plan is favorable to the present and even more to the future? S. Real Estate Market. What are the difficulties and prospects in China‘s new energy development? Market Mechanism and Low-carbon Economic Growth in China. The pursuit of ‗green‘ means happiness for generations of mankind.

The government has set the central government deficit at 750 billion Yuan (RMB) in 2009 and the state council will allow local governments to issue 200 billion Yuan (RMB) government bonds. Moreover, the government will increase the broad money supply by about 17% and grant over five trillion Yuan (RMB) newly increased loans to ensure that the supply of money and credit meets the requirements of economic development. (2) Actively boosting domestic demand, especially consumer demand, and strengthening the role of domestic demand in driving economic growth.

The Ministry of Finance will raise subsidies for auto replacements from 1 billion Yuan (RMB) to 5 billion Yuan (RMB), and allocate 2 billion Yuan (RMB) to encourage home appliance upgrades. On the basis of subsidy for auto replacement policy, the range and amount of subsidy will be expanded. Under the program, consumers who trade in their used mid- and small-sized trucks and some types of mid-sized passenger cars for new ones will receive a subsidy. Subsidies will also be given to consumers who sell automobiles that no longer meet the government's new emission standards but are still within life expectancy.

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China's New Deal: Economic Development Under International Financial Crisis by Li Xiaoxi, Biliang Hu

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