January 21, 2025 01:49 GMT
CHINA PRESS: Fiscal Policy To Exert As Soon As Possible
CHINA PRESS
Fiscal policy should be more proactive with expenditure outlays as soon as possible, while a moderately loose monetary stance should maintain ample liquidity and ensure funds enter the real economy, Xinhua News Agency reported, citing Premier Li Qiang. Authorities will closely monitor changes in the domestic and international situation and adjust policy measures in a timely manner, while deepening reform and opening up, said Li. China needs to focus on breakthroughs in core and cutting-edge technologies, while also increasing residents' income and reducing household burden, Li added.
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