"Recently, there have been many Bullish Signals for expanding domestic demand, such as increasing subsidies for medical insurance and social security for low-income groups, which reflect the country's emphasis on Consumer spending." Xing Ziqiang, Chief Economist of Morgan Stanley in China, believes that for future reforms to expand domestic demand, the market can focus on the "New Three Major Projects," namely resolving the 'backed-up lake' of Real Estate inventory, enriching the social security system, and vigorously promoting new birth policies in these three areas, while also strengthening the focus on low-income groups like farmers. (Shangguan News)
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摩根士丹利邢自强:市场可以重点关注“新三大工程”
Morgan Stanley's Xing Ziqiang: The market can focus on the "New Three Major Projects".
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