Provincial governments have also rushed to roll out heavy investment plans. Central China's Henan Province plans to invest a lofty 3. Ye Hang, a professor at the College of Economics of Zhejiang,said that among the three major propellers of GDP growth, ratcheting up capital investment is the most expedient way, if the government approves a big stimulus, as exports are now shadowed by uncertainties in China-US relations, and consumption is burdened by an employment decline because of the epidemic.
He predicted this round of government spending could bolster China's GDP growth by Bent Flyvbjerg. Alexander Budzier. Daniel Lunn. Select Format Select format. Permissions Icon Permissions. Published by Oxford University Press. For permissions please e-mail: journals. Issue Section:. You do not currently have access to this article. Download all slides. Sign in Don't already have an Oxford Academic account?
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