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1998年下半年,面对日益显现的需求不足、经济增长乏力、货币政策连续启动无效的状况,中央果断决定实施积极财政政策。通过增发国债进行大规模基础设施建设、利用政府投资扩张来确保经济快速增长无疑是正确的选择,因为出口需求受东南亚金融危机的影响难以有大幅度增加,消费需求
In the second half of 1998, faced with the increasingly obvious lack of demand, sluggish economic growth and the continuous unpromising monetary policy, the Central Government decided decisively to implement a proactive fiscal policy. It is undoubtedly the right choice to expand the national debt through large-scale infrastructure construction and utilize the government investment expansion to ensure the rapid economic growth because the export demand is hard to have a substantial increase due to the financial crisis in Southeast Asia. Consumption demand