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积极财政政策连续实施5年来,经济总量增长的压力向财政政策收敛。经济自主增长能力始终未能完全恢复,财政政策一直是经济增长的主要直接推动力,国债投资对当年经济增长的贡献率和国债投资占当年新增固定投产投资的比重一直高居20%以上。经济增长对财政政策的严重依赖,使银行风?
Over the past five years since the proactive fiscal policy was implemented continuously, the pressure of economic growth has converged on fiscal policy. The ability of independent economic growth has not been fully restored. Fiscal policy has always been the major direct driver of economic growth. The contribution of government bond investment to the current year’s economic growth and the proportion of government bond investment to newly increased fixed-investment in that year have consistently exceeded 20%. The serious reliance of economic growth on fiscal policy has made the banking sector