China will implement a proactive fiscal policy in 2025, focusing on boosting domestic consumption and expanding domestic demand. The strategy aims to develop new productive forces to sustain economic growth, reflecting statements from Finance Minister Lan Fo’an during a recent symposium.

In 2025, China has confirmed its commitment to implementing a more proactive fiscal policy focused on stimulating domestic consumption. This strategy aims to broaden and expand domestic demand comprehensively, laying the foundation for sustained economic growth through the development of new quality productive forces. Finance Minister Lan Fo’an echoed these sentiments during a symposium in Beijing, highlighting the urgency of boosting the country’s domestic economy. This initiative reflects China’s efforts to reinforce the narrative of revitalizing domestic demand and consumption amid ongoing economic challenges.

China’s plan for a more proactive fiscal policy in 2025 is indicative of its strategic focus on enhancing domestic consumption and demand. By fostering new productive forces, the nation aims to support long-term economic growth and recovery. These actions underscore the government’s commitment to revitalizing the economy amidst prevailing uncertainties.

Original Source: www.tradingview.com

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