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China will stay on track to wipe out domestic poverty in 2020, even after economic repercussions triggered by the novel coronavirus pneumonia outbreak fueled concerns that the deadline could be missed, a senior official in charge of poverty alleviation said on Thursday.
China will deploy more proactive fiscal policies in the second half of the year. Economic fundamentals have remained stable and the long-term growth momentum has not changed. "China is confident of achieving all fiscal targets and tasks set for this year," Liu said.
China will further improve its business environment by halving the time required to start an enterprise and launch construction projects, the State Council decided on Wednesday at an executive meeting chaired by Premier Li Keqiang.
China's GDP expanded 6.8 percent year on year in the first three months of 2018, unchanged from the growth rate in the previous quarter, official data showed last week.
China will continue with its prudent monetary policy, make regulations more forward-looking, targeted and effective, and maintain a reasonable growth of money supply, to create a sound monetary environment for the country's economic development, Sun said.
来源：资阳报