Four Unchanged Fundamentals Do Not Mean Policies Remained Unchanged
ANBOUND
In a talk about economic trend, concerning the future development, President Xi Jinping described the Chinese economic development trend with four unchanged fundamentals, "China's positive economic fundamentals and long-term trajectory remain unchanged. What also remain unchanged are the basic facts that China economy has strong resilience, great potential and ample room for maneuvering. The strong support and conditions favorable for a steadily growing economy have not changed. And the forward movements of the country's economic restructuring and upgrading have not changed".
ANBOUND’s research team suggests that with the economic slowdown in the first half of the year and worsening geo-political and geo-economical situations, the “four unchanged fundamentals” are for stabilizing confidence and to make sure the development fundamentals have not been shaken.
Yet, this does not mean the economic policies would remain unchanged; global and domestic situations show that there might be changes in financial and monetary policies in China.