China Officials Said to Be Preparing New Stimulus

China Officials Said to Be Preparing New Stimulus

Assessment

Interactive Video

Business, Social Studies, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses plans to support the economy, focusing on the auto sector and technology. It highlights the challenges of car ownership in Beijing due to traffic regulations and the long wait for license plates. Stimulus measures aim to boost car sales, particularly electric vehicles, by easing these restrictions. The State Council emphasizes the need for banks to increase lending to SMEs, despite positive first-quarter data. Concerns remain about economic moderation if further government actions are not taken.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges for families in Beijing when trying to buy a car?

Long wait for a license plate

Limited parking spaces

Lack of car dealerships

High car prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do the proposed changes aim to stimulate car sales?

By offering tax incentives for car buyers

By increasing the number of car dealerships

By making it easier to obtain a license plate for electric vehicles

By reducing car prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected outcome of making it easier to get a license plate for electric vehicles?

Increased traffic congestion

Higher car prices

Reduced pollution levels

Stimulated demand for cars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the State Council emphasize in their recent meeting?

Reducing taxes for large corporations

Strengthening lending to small businesses

Increasing exports

Improving infrastructure

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is there concern about the economy despite strong first-quarter data?

Potential for economic moderation

High inflation rates

Rising unemployment

Decreasing foreign investments