财政宽松会否带来预期效果是投资者关注的重点,本文认为,本次宽财政的重心将转向以减税和产业扶持为主的产业支持政策,且对利率的负面影响会降低,宽财政从出招到获得成果的时段可能会延长,但这种宽财政所释放的经济“红利”会更为持久。
Whether fiscal policy relaxation can bring the expected effect is what investors care most. This article holds that this round of fiscal policy relaxation will focus on tax cuts and other supports for some selected industries and there will be less adverse impact on interest rate. It will take longer time for the policy relaxation to take effect,but the economic “dividends” brought by the relaxation will last for a longer time.