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?in the service secto爱亚博苹果客户端女神会所r, and deregulate the services for the elderly and children, and medical care and education.
Although its overall economic uncertainty has increased, China’s economy still has great pote
ntial in terms of service and consumption, especially because it is a market of more than 1.3 bil
lion people including a middle-income group of 400 million all of whom are seeking a better life.
Current policy package strong enough to counter headwinds, economist says
China has no immediate need of aggressive stimulus to support growth unless trade tensions with the United States m
ore visibly weigh on growth momentum, and greater patience and policy preparation are needed now for market-
oriented, longer-term reform and opening-up, a senior economist said in an exclusive interview.
Given the uncertainty from China-US trade friction, macroeconomic polic
ies should always be prepared to support the economy, especially if growth mome
n Tuesday afternoon, Xi called for efforts to make new advances in the development of the countr
y’s central region. Xi presided over the meeting, at which he was briefed by the Party secretaries of Shanxi, Anhui, Jiangxi, He
nan, Hubei and Hunan provinces, as well as He Lifeng, head of the National Development and Reform Commission.
Promoting the rise of the central region is an important strategic decis
ion made by the CPC Central Committee, Xi said, adding that it has great significance in ac
hieving the goal of building a moderately prosperous society in all respects.
Xi said that although China is still in an important period of strategic opp
ortunity for its development, the country faces an increasingly complicated international situation.