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Time:March 23-25, 2019
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【Gao Peiyong】China’s Active Fiscal Policy in Changes

Along with the watershed changes to Chinese economy since the 18th National Congress of the Communist Party of China (CPC), many economic terms which have been in use for years have taken on hugely different connotations, even though their name is still the same. If applied indiscriminately to current economic situation, they might lead us to paradoxical conclusions. The active fiscal policy is a case in point.

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