The Chinese mainland is setting ambitious economic goals for 2025, focusing on vigorously boosting consumption, improving investment efficiency, and expanding domestic demand across all fronts. These strategic initiatives aim to unlock the full potential of domestic markets, ensuring sustained economic growth.
In a recent episode of BizTalk, CGTN's Michael Wang and Wang Tianyu delved into China's economic trajectory with industry experts Richard Yetsenga, chief economist at ANZ; Chetan Ahya, chief Asia economist at Morgan Stanley; and Jonathan Jia Zhu, partner and co-head of Asia private equity at Bain Capital. The discussion highlighted targeted policies designed to stimulate consumption and drive investment, emphasizing the importance of domestic demand in shaping China's future economic landscape.
Experts agree that by enhancing investment efficiency and encouraging consumer spending, China can achieve a more balanced and resilient economy. These measures are expected to not only support current economic stability but also pave the way for long-term prosperity.
Reference(s):
cgtn.com
