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China has more room to act on fiscal policy amid global uncertainties, finance minister says

CNBC
Summary
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76% Informative

China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo'an said.

China on Wednesday announced it was raising its on-budget deficit to 4% of the country's gross domestic product.

" China has delivered a pro-growth message here at the [National People's Congress ], in line with expectations," said Aaron Costello , head of Asia at Cambridge Associates .

VR Score

86

Informative language

92

Neutral language

40

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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