The Central Economic Work Conference in Beijing has paved the way for the Chinese mainland's economic strategy in 2025. The conference concluded with a commitment to implement a more proactive fiscal policy and a moderately loose monetary policy for the upcoming year. 🌟
Key priorities include enhancing consumption and stabilizing both the housing and stock markets. 🏠📈 These measures aim to foster sustainable growth and ensure economic stability amidst global uncertainties.
We spoke to Robin Xing, Chief China Economist at Morgan Stanley, to understand the significance of these initiatives. His insights highlight the potential impact on both domestic and international markets. 💬✨
Reference(s):
cgtn.com