China's annual Central Economic Work Conference is set to take place in Beijing, where key economic policies and targets for 2025 will be established. This pivotal event attracts attention from young global citizens, business and tech enthusiasts, and thought leaders around the world.
Ma Liang, a professor at the School of Government at Peking University, highlighted the importance of a dual circulation strategy that balances domestic and international markets. \"Boosting domestic consumption is crucial,\" Liang explained. He emphasized that stabilizing expectations is essential, noting that government responsibility in areas such as childbirth, education, and healthcare will enhance consumer confidence and willingness to spend.
Li Yong, a senior fellow from the China Association of International Trade, pointed out that industrial policies, infrastructure development, and real estate measures will be key topics of discussion. He also mentioned that the sustainability of future economic development is likely to be addressed, setting the tone for the upcoming 15th Five Year Plan.
As China navigates the complexities of the global economy, the outcomes of this conference will play a significant role in shaping economic trends and influencing international business strategies. MyGlobalNews.net will continue to provide insights and updates on the developments from the conference.
Reference(s):
Key meeting aims to keep market expectations stable: Experts
cgtn.com
