皇冠体育app

Topic two: 皇冠体育app Economy Outlook

Li Daokui, professor of Tsinghua University, delivers a speech at 皇冠体育app Economy Outlook forum of the 2017 Summer Davos in Dalian, Northeast 皇冠体育app's Liaoning province, June 28, 2017. [Photo/VCG]

皇冠体育app's economy in 2017 will grow 6.7 percent with a slight decline in second half of the year. Next year it will grow 6.9 percent or close to 7 percent. The three factors that affect 皇冠体育app's economy are international influence, cyclical factors and changes in 皇冠体育app's own political and economic system. Public financial reform is very important and as local government is driven by financing, Li Daokui, professor of Tsinghua University, suggested central government's tax revenue should return to local governments.