Hints from Premier Li Keqiang's Speech at BFA
ANBOUND
China's economic growth in the first quarter has been declining thus the market has greater expectation towards "stable growth". ANBOUND think tank scholars believe that Premier Li Keqiang has clearly expressed Chinese government’s attitude toward the country’s economic slowdown at the opening ceremony of Boao Forum for Asia (BFA). Chinese government will not opt for monetary stimulus due to short-term fluctuation, but there are plenty of backup policies to ensure Chinese economy is maintaining at a reasonable growth rate.