Coface 2014 Outlook for China
Acceleration of urbanization and better local government debt management were two key themes highlighted during the recent Central Economic Work Conference, which sets the economic policy for the year. It is expected that the government will continue to encourage private sector infrastructure investment – particularly in building "networks of cities" in the Midwest and Northeast regions. Since the government has already indicated that fiscal policy will remain stable, the private sector is expected to fund these projects.
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