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[V观] China’s 2016 government deficit to reach 2.18 trillion yuan 2.18万亿!今年为何适度加大财政赤字?

Premier Li Keqiang delivered the government’s work report at the 4th Session of the 12th National People’s Congress that opened its annual meeting on Saturday in Beijing. Li announced the government deficit for 2016 is projected to be 2.18 trillion yuan, an increase of 560 billion yuan compared to last year, meaning the deficit-to-GDP ratio will rise to 3%. #2sessions #NPC #CPPCC

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