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Chen Yongjun, a senior researcher at Renmin University of China's Chongyang Institute for Financial Studies, said policymakers should focus on domestic conditions when formulating detailed stimulus measures instead of following on the heels of overseas' moves.
Chen Jingyang, an economist with global investment bank HSBC Plc, said the healthy surge in production and profits will boost manufacturing investment in the long run, and the same will become an important driver for GDP growth as policy support for infrastructure investment is likely to taper off.
Chief of Staff General Bipin Rawat said in New Delhi on Friday that the time has come for India to shift the focus to its northern border and that India was capable of handling China's "assertiveness" there.
Chen cited a survey conducted by the Chinese University of Hong Kong's Hong Kong Institute of Asia-Pacific Studies, from August to October 2019. It showed that over a half of interviewees who formerly worked on the mainland expressed a willingness to work in the Bay Area; while those who have never set their foot on the mainland expressed the lowest interest, 5.3 percent, in working on the mainland.
Chen made the prediction based on more optimistic forecasts for China's economic growth, expansion in the global manufacturing industry, and abundant liquidity worldwide.
来源：资阳报