BEIJING -- China should step up economic stimulus measures by expanding the budget deficit by at least 1.3 trillion yuan ($182 billion) this year, a major Chinese state-affiliated think tank says.
CASS proposes consumer vouchers, developer support, rate cuts
People walk on a Beijing shopping street. The Chinese Academy of Social Sciences recommended that the government issue consumption vouchers to encourage households to spend. © Reuters
BEIJING -- China should step up economic stimulus measures by expanding the budget deficit by at least 1.3 trillion yuan ($182 billion) this year, a major Chinese state-affiliated think tank says.