中国将减税，增加贷款以应对经济放缓

PRC to cut taxes, boost lending to tackle slowing economy
China recently lowered its economic growth target and announced a major tax cut, as policymakers seek to pull off a gradual deceleration while facing a debt legacy and thetradewar with the United States. Premier Li Keqiang’s annual workreportto the National People’s Congress set the gross domestic product (GDP) growth target at 6-6.5 per cent range for 2019.
Earlier a decimal figure used to be the target while this year a band has been fixed.
The lower bound of the target would be the slowest pace of economic growth in almost three decades.
The report pledged to keep China’s leverage ratio ‘basically stable’ in 2019, according to global news wires.
A cut of 3 percentage points to the top bracket of value added tax was announced in a move aimed at benefiting the manufacturing sector.
The target budget deficit for 2019 was set at 2.8 per cent of GDP compared to 2.6 per cent last year.
Monetarypolicywill remain ‘prudent’, while fiscal policy will be ‘proactive, stronger, and more effective’, the report added.
译文如下：
中国将减税，增加贷款以应对经济放缓
中国最近下调了经济增长目标，并宣布了一项重大减税措施。政策制定者在面临债务遗留问题和与美国的贸易战的同时，寻求实现经济的逐步减速。李克强总理在全国人大年度工作报告中提出，2019年国内生产总值(GDP)增长目标为6%至6.5%。
早前的目标是十进制数，而今年的目标是固定的。
这一目标的下限将是近30年来最慢的经济增长速度。
据global news wire报道，该报告承诺在2019年保持中国杠杆率“基本稳定”。
为使制造业受益，政府宣布将增值税最高税率下调3个百分点。2019年的预算赤字目标设定为GDP的2.8%，而去年为2.6%。
报告还说，货币政策将保持“稳健”，财政政策将“积极主动、更加有力、更加有效”。