The Traderszone Network

Published in TZ Latest News 17 October, 2015 by The TZ Newswire Staff

China must hasten infrastructure investment to stabilize growth – state advisor

Increased infrastructure investment is key to stabilizing China’s economic growth, a top state advisor said on Sunday, while calling on the central bank to lower the cost of financing for companies and increase overall credit. “Keeping relatively high growth of infrastructure investment is key to stabilizing economic growth” since property and manufacturing investment remains weak, said Yu Bin, head of the micro economy research department at the State Council’s Development Research Centre.

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