Bloomberg with news from the China Securities Journal this morning
Citing State Information Center researcher Zhu Baoliang:
- Consumption demand will be stable
- Investment for infrastructure, services and high-tech industries will see fast growth
- China should accelerate state company, finance and tax reforms
- Should set fiscal deficit at about 3% of GDP & target M2 growth of around 13%
- China should stabilize stock market and give signals on policy direction, and not leave it to market to second-guess the government's intention
