As the annual sessions of the National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC) approach, the spotlight is on China’s economic trajectory for 2025.
The Central Economic Work Conference has outlined key priorities for economic and social development, emphasizing the need to \"maintain stable economic growth.\" This focus on stability encompasses prioritizing growth, employment, and price stability amidst a globally complex and increasingly uncertain economic landscape.
Stabilizing economic growth is deemed essential for laying a solid foundation for future development. In 2025, the precise implementation of China’s macroeconomic policies will play a critical role in safeguarding this stability. The conference highlighted the importance of adopting a more proactive fiscal policy alongside a moderately loose monetary policy, setting a clear direction for China’s economic strategies in the coming years.
By emphasizing these policies, China aims to navigate global uncertainties and ensure sustained economic momentum, reinforcing its position in the global market.
Reference(s):
cgtn.com
