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紧缩性财政政策和扩张性财政政策

在这个作业中，我们将讨论中国政府通过的财政政策作用和类型，以防止他们的经济受到全球金融危机，因为在世界上大多数国家的经济已经受到危害。中国政府对突发的经济通过了扩张性或积极的财政政策，以增加国内需求。一揽子经济刺激计划价值约40000亿人民币，在国内各行业由中国政府涉及计划投资。该刺激计划的最终目标是基于国内需求建立一个稳定的经济增长环境。基本上，经济刺激方案的理想模型可以描述如下表： 
表1：4在2009年中国刺激计划焦点。 

4着力点 

政府支出的增加价值400万亿元人民币。政府会直接承担1.18万亿部分，其余费用将由当地政府承担。
十大重点产业被定义为主要的重点领域，以刺激经济增长。

实现国家的发展以推进科技创新和科学知识发展。

In this assignment, we will discuss about the action or type of fiscal policy adopted by China government to prevent their economic affected by the Global Financial Crisis as most of the country economic in the world was harmed. An expansionary or proactive fiscal policy was adopted by China government to burst their economic by increasing domestic demand in country. An economic stimulus package worth around 4 trillion RMB was planned by China government which involved investment on various industries in country. The final target of this stimulus package is to create a stability economic growth by boost the domestic demand in China. Basically the ideal of stimulus package can be described as below table:

Table 1: 4 Focuses of China Stimulus Package on 2009.

4 Focuses

An increase in government spending which worth 4 trillion RMB. Government will directly take part of around 1.18 trillion RMB while the rest will be covered by local government.

Ten key industries were defined as the main focuses area to boost the economic growth.

Achieve country development by technological innovation and advance scientific knowledge.

Ensure social security was protected and increase the social development in rural area.

Source: China Fiscal Policy during Post-Crisis Era, JIA Kang & LIU WEI (2011).

The purpose of the China stimulus package is to prevent the economics of their country against the global financial crisis during year 2007-2008. The increase in government spending is always the most effective way to prevent economic slowdown and boost the economic activities in a country. The direct spending into the market from government will create more demand in the domestic market against the reduction in demand from foreign market due to the global financial crisis.

Below chart will show us about the Investment portfolio worth total 4trillion RMB to be launch during year 2009-2010. Basically it can be divided into 7 major components which is post-earthquake reconstruction (1 trillion RMB), Civilian project (400billion RMB), Rural civilian project (370billion RMB), infrastructure (1.5trillion RMB), Social Welfare (150billion RMB), Sustainable environment (210 billion RMB), lastly will be Technology advances and industry restructuring (370 billion RMB). From here we can see that, the government stimulus package is more focus on the spending in infrastructures and public facilities to boost their economy. It is good for us to see that China’s government trying to spend more on public infrastructures and facilities in order to attract more investment from private sector, either from domestic market or foreign market. A greater spending on public infrastructure and facilities will provide a better business environment and it will create the opportunity to attract more investment from private sector. It can be本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。