|
The 2008–09 Chinese economic stimulus plan () is a RMB¥ 4 trillion (US$ 586 billion) stimulus package announced by the State Council of the People's Republic of China on 9 November 2008 as an attempt to minimize the impact of the global financial crisis on the world's second largest economy.〔 Critics of China's stimulus package have blamed it for causing a surge in Chinese debt since 2009, particularly among local governments and state-owned enterprises. On June 2009, the World Bank raised its growth forecast in China for 2009 from 6.5% to 7.2% amid signs that the economy is doing better than expected, which has been helped by the stimulus package. But it says the country's exports are still down, as the rest of the world struggles with the global recession. It was previously predicted in March 2009 that the Chinese economy would grow by 6.5% in 2009, several percentage points down on 2008's growth. ==Announcement== A statement on the government's website said the State Council had approved a plan to invest 4 trillion yuan in infrastructure and social welfare by the end of 2010.〔 〕 This stimulus, equivalent to US$586 billion, represented a pledge comparable to that subsequently announced by the United States, but which came from an economy only one third the size.〔(Can China Manage Its Economy? )〕 The stimulus package will be invested in key areas such as housing, rural infrastructure, transportation, health and education, environment, industry, disaster rebuilding, income-building, tax cuts, and finance.〔(【引用サイトリンク】title=China plans 10 major steps to spark growth as fiscal, monetary policies ease )〕 China's export driven economy started to feel the impact of the economic slowdown in the United States and Europe, and the government had already cut key interest rates three times in less than two months in a bid to spur economic expansion. The stimulus package was welcomed by world leaders and analysts as larger than expected and a sign that by boosting its own economy, China is helping to stabilize the world economy. World Bank President Robert Zoellick declared that he was ‘delighted’ and believed that China was ‘well positioned given its current account surplus and budget position to have fiscal expansion.'〔 News of the announcement of the stimulus package sent markets up across the world. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Chinese economic stimulus program」の詳細全文を読む スポンサード リンク
|