China’s top economic planners are doubling down on macro policies to turbocharge growth ahead of 2025 targets, promising a mix of smart investments and consumer-focused strategies. Speaking at a Friday press conference, Yuan Da, deputy secretary-general of the National Development and Reform Commission (NDRC), highlighted the country’s “ample room” to deploy policy tools that keep the economy humming.
What’s the plan?
Key moves include ramping up ultra-long special treasury bonds to fund large-scale upgrades—think green tech and industrial overhauls—and consumer trade-in programs (bye, old appliances ). The goal? Supercharge domestic demand while tackling critical projects under major national strategies.
Why it matters:
With a massive consumer market still growing, China’s focus on homegrown demand could ripple through global supply chains. For young professionals and investors eyeing Asia, this signals fresh opportunities in tech, infrastructure, and sustainability sectors. Plus, students and diaspora communities can track how these policies reshape China’s economic identity.
Reference(s):
Ample space in macro policies to support 2025 China growth targets
cgtn.com