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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."
"China, having been more like a supplier or subcontractor in the past 20 years, is described as manufacturing giant, big market or lots of money in Europe. But China is not just a manufacturer, there is innovation here and many companies are actively developing robots with their own technological advantages."
"China's social system and governance are effective and successful," Jiang Jianguo, deputy head of the Publicity Department of the Communist Party of China Central Committee, said at an international forum featuring the significance of China's governance to the world, held in Huzhou, Zhejiang province, on Monday.
"Considering the two fundamental factors of foreign exchange reserves and trade surplus, China, without doubt, could keep its exchange rate stable," Zhao Qingming, chief economist at the Institute for Financial Derivatives, the research arm of the China Financial Futures Exchange.
"Clearly the growth of China is significant for us," he said. "China is the No. 2 economy in the world, and a major trading partner, and we have closest proximity."
来源：资阳报