MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo
MNI (BEIJING) - China will implement a more proactive fiscal policy and a moderately loose monetary policy in 2025 to boost domestic demand and stabilize both property and stock markets, according to a Political Bureau meeting Monday.
Chaired by President Xi Jinping, the meeting called for more vigorous macroeconomic policies, an enriched policy toolbox and strengthened countercyclical adjustments via enhancing the foresight, targeting, and greater effectiveness of policy moves. (See:MNI INTERVIEW: PBOC To Ease Further In 2025 - CITIC's Ming)
The meeting asked to mitigate key sector risks and external shocks, and promote sustained economic recovery. Efforts will focus on significantly boosting consumption and improving investment efficiency, meanwhile, it stressed the need to expand high-level opening-up, stabilize foreign trade and investment, adding the country will advance new urbanization and promote rural revitalization in a coordinated manner.