Financials Jun 25, 2022 03:14 PM (GMT+8) · EqualOcean
Wangyiming, member of the monetary policy committee of the people's Bank of China and vice chairman of the China Center for international economic exchanges, said that there is still a large gap between supply and demand. Despite the rapid growth of infrastructure investment supported by the accelerated issuance of special bonds, it is still constrained by project reserves, fund use, local fiscal revenue and expenditure pressure, and resolving hidden debts. Therefore, whether infrastructure investment can hedge the slowdown of real estate and manufacturing investment depends on the next step of policy.