At a recent press conference, Yuan Da, deputy secretary-general of the National Development and Reform Commission, highlighted China's strategic macro policies aimed at achieving the 2025 economic growth target.
Emphasizing the boost of domestic demand across the board, Yuan noted that the Chinese mainland's vast consumer market remains a significant advantage, with expectations for continued growth. To support these goals, the country plans to significantly increase the issuance of ultra-long special treasury bonds. These bonds will fund large-scale equipment upgrades, consumer goods trade-in programs, and the construction of projects aligned with major national strategies, as well as enhancing security capacity in critical areas.
These robust macro-control tools reflect the Chinese mainland's commitment to sustaining economic growth and addressing key sectors to foster long-term stability and development.
Reference(s):
Ample space in macro policies to support 2025 China growth targets
cgtn.com
