China should set appropriate fiscal deficit in 2024 -senior party official By Reuters - Stock Region News

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Tuesday, December 12, 2023

China should set appropriate fiscal deficit in 2024 -senior party official By Reuters



© Reuters. FILE PHOTO: A man pays for meat at a market in Beijing, China January 11, 2021. REUTERS/Tingshu Wang/File Photo

BEIJING (Reuters) – China should set its 2024 fiscal deficit and special local government bonds at appropriate levels and optimise the structure of fiscal expenditure, a senior Communist Party official said on Wednesday, state media CCTV reported.

China should also keep consumer prices at a moderate and appropriate level, neither too low or too high, said Han Wenxiu, deputy head of the Party’s office for financial and economic affairs, according to CCTV.



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