December 20, 2024 02:09 GMT
CHINA PRESS: China Seen Growing 5% In 2025 - Analysts
CHINA PRESS
The Chinese economy is expected to grow about 5% in 2025 amid increased countercyclical adjustments and base effects, Securities Daily reported, citing analysts. Authorities will support growth by coordinating an expansion in government debt with reserve requirement ratio and interest-rate cuts, the newspaper said, citing Li Zhan, chief economist at China Merchants Fund, who noted the government could access reserve policies to deal with uncertain events next year.
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