Household purchasing power back after
the end of first-car-program impact
Government measures supporting household
purchasing power, such as subsidies for
farmers, new tax deduction rates in 2017,
and stimulus measures for the tourism industry
Progress on infrastructure development
mega-projects after bidding, doubling
disbursements
33.9 million foreign tourists in 2016, with
37.2 million in 2017 expected
Loan costs remain low, as the policy
interest rate is likely to stay
at 1.5% throughout 2016-2017