Li: The stimulus plan is due to be adjusted

July 13 Afternoon News, the South Korean government and the International Monetary Fund international High-level meeting today in South Korea's Datian Convention and Exhibition Center.　　Li Li, an economics professor at Tsinghua University, said the Chinese stimulus package was supposed to be two years old and that the stimulus plan should focus on pushing for reform and restructuring. "China's stimulus package was supposed to be two years, so there's no exit problem, it's due, and it seems to me that the focus is on pushing reform and restructuring." Confidence in growth and reform success through reform and structural adjustment to enhance market confidence, increase confidence in investment.　　"he said.　　Instead, we are hesitant to reform and continue to introduce stimulus policies that may not be the best for long-term development, he added. "The most important thing is to find ways to make the private economy develop faster, to accelerate the process of urbanization, to control the bank credit is only a short-term problem, we should find ways to solve difficulties and accelerate private capital into the financial field."　　"said Li.　　Speaking of how the Chinese government adopted the IMF's recommendations, he said the IMF's policies were based on general rules and that China's economy was so complex that it advised us to listen carefully, but not simply literally. "One of the themes of the meeting is how the IMF can better study and refine its experience in China." The IMF is a teacher, and China is a student, in many ways China has gained some experience in groping and practising, but it needs to be summed up by the IMF, "teaching is long, teacher-student interaction". Chinese leaders are first and most open-minded when listening to foreign opinions, and the second is to understand the substantive spirit behind the recommendations, to be screened in the light of China's situation, and to be introduced at maturity. "said Li. (Jessie from Daejeon)