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Reforms will ensure economic stability in second half: experts

2018-08-02 10:12:14       source:Global Times

August 1, 2018


China's efforts to deepen supply-side structural reforms will determine the success of expanding domestic demand, which will in turn help maintain economic stability in the second half of 2018 amid external uncertainties, Chinese experts said on Wednesday.

The Political Bureau of the Communist Party of China (CPC) Central Committee said on Tuesday the economy is on a stable and healthy development track and proactive fiscal policies and prudent monetary policies in the second half of the year will ensure the economy grows within a reasonable range.

The Political Bureau issued an analysis of the economy's performance in the first half of 2018 and drew up plans for the next two quarters, signaling that China will focus on maintaining economic stability in the second half of this year while "external uncertainties" are identified, the Xinhua News Agency reported on Wednesday.


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