IG 2 Chinese Economy and Government Policies

What is the objective of proactive fiscal policy in the Chinese economy?

• To increase the target ratio of fiscal deficits in GDP

• To decrease the target ratio of fiscal deficits in GDP

• To maintain the target ratio of fiscal deficits in GDP

• To implement a more sustainable fiscal policy

The prudent monetary policy aims to maintain reasonably ample liquidity, control money supply and debt levels, and provide financial assistance to businesses affected by ___-19.

What are some tax cuts and cost-cutting policies for 2022 in the Chinese economy?

What is the target GDP growth rate set by the Chinese government for 2022?

• 3%

• 4%

• 5.5%

• 6%

What is the reason behind the increase in public investment in infrastructure?

• To boost the Chinese economy

• To reduce unemployment rates

• To improve transportation systems

• To fund social welfare programs