Investment key to stable growth

Fixed-asset funding in industry and real estate sector will be the most convenient tool for China

One of the most important signals sent out at the "two sessions", the annual meeting that brings together China's national legislators and political advisers, is that the judgment of top policymakers toward the economic trend has changed. In the delicate balance between economic growth and reform, the leadership is leaning toward stabilizing growth. Based on this change, investors should adjust their strategies and focus of industries.

To be more specific, top policymakers are now convinced that the Chinese economy faces more difficulties than a year ago. In the Government Work Report, which Premier Li Keqiang delivered on March 5 to the National People's Congress, the top legislature, he said: "The difficulty for stabilizing (economic) growth is growing." Therefore, as widely expected, the government lowered this year's economic growth target to 7 percent from last year's 7.5 percent.