China to Focus on Stabilizing Economic Growth This Year, UBS Says

What is the primary reason for the Chinese government's cautious approach to economic growth this year?

• High inflation rates

• Political instability

• Lack of resources

• Global uncertainties and COVID-19 impact

How does the Chinese government plan to handle the transition in economic leadership?

• By reducing the role of the NDRC

• By focusing solely on local economies

• By maintaining policy continuity

• By introducing completely new policies

What is the expected focus of the new economic leadership in China?

• Increasing military spending

• Reducing international trade

• Promoting cultural exchanges

• Stabilizing economic growth

Which area is NOT mentioned as a potential target for economic policy support?

• Smart appliances

• Electric vehicles

• Green appliances

• Luxury goods

What is the Chinese government's approach towards debt management?

• Prudent management to avoid excessive debt

• Encouraging unlimited borrowing

• Focusing only on private sector debt

• Ignoring local government debt