China to roll out more fiscal support measures with economy facing pressures: China’s head of the National Bureau of Statistics

On Friday, China’s chief of statistics bureau stated, Beijing will maintain a proactive fiscal policy and a prudent monetary policy in 2020 and will roll out support measures since its economy faces downward pressures.

During a press conference in Beijing, Ning Jizhe, China’s head of the National Bureau of Statistics said, “China does not deliberately pursue high economic growth and it is normal for gross domestic product (GDP) growth to fluctuate”.

Ning’s comments come in the wake of official Chinese data showing that in 2019 the Chinese economy grew at 6.1% – its slowest in 29 years.



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