Sina Financial News Luo Zhiheng, chief economist and dean of the Research Institute of Guangdong Kai Securities, said that the economy is expected to achieve a growth rate of about 5% next year, and the main driving force will be the service industry, high-end manufacturing and infrastructure investment. Luo Zhiheng believes that in recent years, fiscal and monetary policies have continued to be coordinated, monetary policy with fiscal bond issuance, debt, monetary and financial policies to support real estate risk prevention, etc., and it is expected that this pattern will continue next year. According to the CICC report, next year’s broad fiscal policy will be further increased on the basis of this year, and monetary policy will continue to play a structural role while using aggregate tools.
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Expert: The economy is expected to grow by about 5% next year
Sina Financial News Luo Zhiheng, chief economist and dean of the Research Institute of Guangdong Kai Securities, said that the economy is expected to achieve a growth rate of about 5% next year, and the main driving force will be the service industry, high-end manufacturing and infrastructure investment. Luo Zhiheng believes that in recent years, fiscal and monetary policies have continued to be coordinated, monetary policy with fiscal bond issuance, debt, monetary and financial policies to support real estate risk prevention, etc., and it is expected that this pattern will continue next year. According to the CICC report, next year’s broad fiscal policy will be further increased on the basis of this year, and monetary policy will continue to play a structural role while using aggregate tools.