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"China's fiscal package is modest compared to global peers," said Zhu Haibin, JPMorgan chief China economist. "The important difference is the composition of the fiscal package. China's fiscal package includes a higher share of stimulus component-fiscal support for investment activity that creates new jobs."
"Chinese technology companies have changed the employment situation in the country by creating new jobs. For example, JD Finance hired a number of data scientists, risk control experts, and engineers," said Meng Zhaoli, dean of JD Fintech Institute.
"Competition is definitely fierce," said Zhao Huanyan, chief analyst at Shenzhen-based hospitality consultancy Huamei. "For platforms like Fliggy, scaling by gathering more hotel resources is a prerequisite before technology can make a difference and generate profits."
"China's digital transformation has developed at an unprecedented speed, and has created huge and valuable opportunities. The Chinese market has become one of our largest markets globally," said Kang Rong, vice-president of Microsoft China.
"China's macroeconomic policy tools are adequate," Sheng Songcheng, former head of the statistics and analysis department at the People's Bank of China, the country's central bank, told China Daily on Sunday. "Proactive fiscal policy will play a major role, while prudent monetary policy will be used to coordinate the fiscal policy."
来源：资阳报