MNI BRIEF:China's Politburo Eyes More Proactive Macro Policies
MNI (BEIJING) - China will implement more proactive macroeconomic policies to expand domestic demand and promote technological innovation, Xinhua News Agency reported Friday following a meeting held by the Politburo, the country's top decision-making body.
China will stabilise the property and stock markets, prevent and resolve risks and external shocks while securing expectations, and promoting continued economic recovery, the Politburo said. (See MNI: China Tier-one Housing Markets Likely To Stabilise)
The meeting was held to review the Government Work Report, which is expected to be released on March 5, revealing the country's policy targets of GDP, inflation, deficit and government bond quotas. (See MNI: China To Lower 2025 CPI Goal As Deflation Pressure Looms)