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[V观] Lou Jiwei: 3% deficit ratio can be used for supply-side reform 楼继伟:预算报告赤字率3% 符合供给侧改革的需要

At a press conference on China’s economy, China’s Finance Minister Lou Jiwei talked about what the deficit should be used for, the ratio of which has been increased to 3%. He said the golden principle is that the deficit should be used for assets, and “we have assets of quality, this is our confidence”. Lou also said the 3% deficit ratio can be used to implement supply-side structural reform.

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