Second, by advancing the market-based interest rate reform, we guided a continuous decline of market rates and promoted the financial sector to reasonably mark down profits to support enterprises, in an attempt to alleviate high financing costs.
And taxpayers may conclude that commitments of government money should be devoted primarily to policies that will directly benefit their nations' citizens. Although these reactions are natural, we need to recognize that if all countries react in this way, the result will be great inefficiency and a worse outcome for all.