At Skechers, the Chinese partners have a very high degree of autonomy and flexibility, leaving abundant leeway for managers who really understand Chinese consumers and the Chinese market.

在Skechers，中国合作伙伴拥有高度的自主权和灵活性，为真正了解中国消费者和中国市场的管理者留下了充足的回旋余地。

He said China's strong testing capacities for the novel coronavirus have given it some leeway to relax restrictions on essential international travel, which will also help the country to open up wider to the world.

Wu has chosen to step aside amid the transition, giving leeway to better promote the company's business, technological, intellectual property and ecological construction that accords with more future-facing business roles.

This gives Pinduoduo a lot of financial leeway for future growth," he said.

China has nearly six million retailers ranging from street stands and kiosks peddling soft drinks and snacks to street corner stores selling groceries, most of which have less financial leeway and limited negotiating power, said Lin Xiaohai, Alibaba vice-president and general manager of Alibaba Distribution Platform.

"This was conducive to maintaining the order of the market economy, to creating leeway for macro policy implementation, and to better meeting the basic living needs of our people. "

However, as we see, China's economy is resilient enough, and since the COVID-19 outbreak, China has not overused stimulus policies, leaving a lot of leeway for further boosting moves.

If the US Federal Reserve slows down the tightening of its monetary policy, China will have greater leeway to further ease its monetary policy next year on the basis of a prudent stance.

China's consumer inflation eased in November to an eight-month low, providing Beijing with more leeway to shore up the economy at a time when many major economies are grappling with high inflation, experts said.

China has also granted leeway for eligible cities to maintain, slash or scrap lower limits for first-home mortgage rates until the end of this year.

Citing China's latest economic figures, Zhou Maohua, an analyst at China Everbright Bank, said the country's inflation rate has remained at a moderate and controllable level, creating favorable conditions for stabilizing growth and giving some leeway for policymakers to step up macro policy adjustments.

Teng said China's stable prices and relatively mild inflation will leave some leeway for the government to step up macro policy support for the economy, and the country has plenty of room for monetary easing in the following months.

According to the guideline, the market should be given its full play to be the decisive factor in resource allocation, and the government afforded more leeway to play a supportive role.

"Cross-cyclical adjustment," as China's macro-economic policies prioritize, is a term with a focus on boosting economic resilience in the short term while allowing policy leeway for future uncertainties, instead of resorting to a deluge of stimulus policies.

Li Xuesong, director of the Institute of Quantitative and Technological Economics, which is part of the CASS, said the recommended target of above 5 percent growth next year will leave some room for leeway, which will allow all the parties concerned to focus on promoting reform, innovation and high-quality development.

The elevated prices of industrial goods in China are unlikely to have a major effect like driving up consumer prices as the country's overall inflationary pressure is largely controllable, offering some policy leeway for the government to further boost domestic demand, economists said on Tuesday.

Analysts said the moderate inflation pressure will give policymakers more policy leeway to use easing measures to stabilize growth as the Chinese economy could face greater headwinds in the coming quarters.

China has nearly 6 million retailers ranging from street stands and kiosks peddling soft drinks and snacks to street corner stores selling groceries, most of which have less financial leeway and limited negotiating power.

Liu's article indicated that the central government will retain the rights of unified legislation and tax collection, while provincial-level governments may get some leeway in tax administration through legislation and delegation.

"The country has not yet seen a notable surge in nonperforming loans, likely because the NPL recognition standards were relaxed in 2020 and the deferment of loan repayments gave banks some leeway to delay recognizing NPLs.

"Without doubt, it is encouraging to see the political leeway and officials' desire to overshoot the government's announced targets in December 2020," said Luan Dong, a China renewables analyst at Bloomberg New Energy Finance.

The move, coming on the heels of a 3.2-percent Q2 GDP growth, is expected to shore up weak links in the country's vast rural areas, especially in the western region where the urbanization drive is still laden with much leeway.

"Those changes are the result of a series of policy measures and indicate that the Chinese economy has strong resilience, great potential and a lot of leeway," she said, adding that as more supportive policies are implemented in the coming months, the positive trend should continue.

But, there will likely be leeway in China's monetary policy in the following months.

One case in point is that 70 percent of China's millennials own their own homes, Lannes said citing an HSBC survey, a rate twice that of their US counterparts, thus giving them enough financial leeway on discretionary spending.

Fortunately, for Hong Kong, the rate increases in the US are expected to be mild and gradual, giving the city’s monetary officials and banks sufficient leeway to take action without unsettling confidence in the local property market.

China is capable of addressing potential risks in the manufacturing sector, as the nation's massive industrial scale and increased innovation capacity give it both the resilience and leeway to maintain sound momentum, said Miao Wei, minister of industry and information technology.

The company said the kit also gives car manufacturers a great deal of leeway because it offers the widest possible spread.

Guan Tao, global chief economist at BOC International, told China Daily the country has considerable leeway to ramp up fiscal and monetary stimuli given its domestic economic condition that is characterized by low inflation and a negative output gap (where the economy's actual output is less than its potential output).

"Generally speaking, the fiscal condition in China is safe and healthy, leaving ample leeway for dealing with risks and challenges," the MOF official said.

Experts said the commitment to properly expand fiscal spending signals that the country might raise this year's deficit-to-GDP ratio while leveraging innovative policy tools to gain more policy leeway.

Zheng Houcheng, director of Yingda Securities Research Institute, said a cut of 0.25 percentage point－instead of one of 0.5 percentage point that is more frequently used－may indicate that the PBOC is saving some policy leeway for next year.

The comments came as China's consumer and producer inflation grew less than expected in August, giving policymakers some leeway to step up macro policy support for the slowing economy.

The purpose of changing the bar for the Beijing bourse is to provide enough leeway for the market to ensure it remains efficient in price discovery, the draft rules state.

In particular, given its relatively high yields amid zero or negative rates in other major economies, it has more leeway with regard to easing monetary policy and is thus better insulated from future adverse shocks than other major economies.

It can also increase capital for small and medium-sized banks by providing more leeway to lend.

China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 4.05 percent Friday, unchanged from the previous monthly adjustment, as the country's flexible and prudent monetary policy creates enough leeway for lenders to better support an economy hit by the novel coronavirus disease (COVID-19) outbreak.

"Regulators may set flexible requirements for financial institutions in the regions that are seriously affected by the epidemic, providing these financial institutions with more leeway to replenish capital," he said.

Pan pointed out that China has leeway in its monetary policies as the country's macro leverage level remains stable.

Nomura analyst Lu Ting also expects the PBOC to maintain its rates, adding that low interest rates are needed to stabilize economic growth amid headwinds, while interest rate differentials between China and the United States given the PBOC some leeway in not following the Fed's hike.

The country's economy is transforming into one of high-quality development with strongly resilient market entities and significant leeway provided by its massive domestic market, members of the financial stability and development committee under the State Council agreed Monday on its first meeting after reshuffle.

First introduced in Britain, the sand box model provides more leeway for financial innovators to test their products and services, as risks within specific regions are well controlled under regulations without incurring systematic risks, according to Ben.

[Photo/China News Service by Zhang Yun]Reserve requirement cut possible, but lending facility option availableThe strong yuan, which hit a 16-month high on Thursday, will create more leeway for China to cut its commercial banks' reserve requirement ratio, but since liquidity remains ample, it is more advisable for the central bank to resort to open market operation for capital management, said a former official from the State Administration of Foreign Exchange.

The high ratio of financial assets indicates that the Chinese government has much leeway in using its assets to cope with financial risks, the report said.

Wang's remarks came amid the country's ongoing campaign to rein in financial risks and deleverage as a firm economy provides more leeway to such measures, which partly aim to cushion the impact of US rate hikes.

Wang's remarks came amid the country's ongoing campaign to rein in financial risks and de-leverage as a firming economy provides more leeway to such measures, which partly aim to cushion the impacts from the US rate hikes.

Adding to investor confidence on China's solvency is the country's higher-than-average savings ratio, and its large amount of foreign exchange reserves, both of which offer leeway for the economy to rebalance itself.