Speculation on the scale of incremental fiscal policy, around 20 trillion yuan is more likely

According to the official website of the State Council Information Office, this Saturday at 10 a.m., Minister of Finance Liao Fa'an will introduce the relevant information on "increasing the countercyclical adjustment of fiscal policies and promoting high-quality economic development" and answer questions from reporters. Recently, the central bank has introduced a package of new monetary policies such as interest rate cuts and reserve requirement reductions to support stable growth. Against this background, the market has high expectations for incremental fiscal policies.

Most analysts believe that the scale of incremental fiscal policies this year may be no less than 2 trillion yuan, including increasing the deficit ratio, issuing special national bonds and ultra-long-term special national bonds, expanding the scope of special bond usage, etc. (Jiemian)