'Stimulus measures to persist in 2010'
By Zhu Ping | China Daily | Updated: 2009-12-08 07:54
China will not cease its stimulus package measures next year as leaders reiterated their commitment to a proactive fiscal policy yesterday.
At the pivotal Central Economic Conference, which began Saturday and wrapped up yesterday, President Hu Jintao and Premier Wen Jiabao said it was important to maintain its macroeconomic policies.
"It's a clear sign that China will not take an exit strategy next year. In terms of fiscal policy, it means the government will continue its investment and tax-cut policies," said Su Ming, vice-director of the Research Institute for Fiscal Science at the Ministry of Finance.
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