Proactive Fiscal Policies Meet Income Slowdown
ANBOUND
In the context that China's tumbling fiscal income growth caused by downward economy dramatically limits the governments’ available finance and proactive policies, for ANBOUND think tank scholars, the falling macro economy determines the basic trend of tightening governments’ financial constraint, which can not be changed in the short term. The reduced rigid income together with the growing expenditure will generate greater fluctuation. The government needs to closely focuse on relevant risks and prepare in advance.