Among the many measures introduced by the central government in a bid to ensure stabilized economic growth, the question on how to make good use of the government fund has been a headache for the central government.

Anbound's research team is of the view that by focussing on the local governments’ expenditure alone is not sufficient; the central government should also consider the overall cost effectiveness of the usage of the government fund.

We should use this as a gauge so that we can have a better understanding on how fiscal policy can attract investment and maintain the GDP growth.