ID 4452
FullText File
Title Alternative
China's Fiscal Policies under the COVID-19 Pandemic in 2020
Authors
Self DOI
Journal Title
The Wakayama economic review
ISSN
04516222
NCID
AN00071425
Volume
405
Start Page
17
End Page
34
Order
02
Published Date
2021-06-01
Language
jpn
Docuemnt Type
論文
Keywords
新型コロナウイルス
中国財政
地方債
Keywords Alternative
COVID-19 Pandemic
China's Fiscal Policy
local bond
Abstract Alternative
With the COVID-19 outbreak and pandemic, the year 2020 has become a crucial year for the Chinese Government to prevent further economic crises. At the National People’s Congress in May, an aggressive fiscal policy was adopted that contains expansion of the budget deficit, issuance of special government bonds for countermeasures against COVID-19, and expansion of new issuance quotas for special local bonds. These means are expected not only to avoid economic meltdown but also to build “dual circulation” during the 14th Five-Year Plan (2021–2025).
Content Type
Departmental Bulletin Paper
Text Version
publisher