China is gearing up to unveil its next big economic playbook at the fourth plenary session of the 20th Communist Party of China Central Committee in October. With global uncertainties looming, the focus? Boosting domestic demand, enhancing resilience, and hitting long-term growth targets. 🌍💡
From Tariffs to Trade Talks: A Roller-Coaster Ride 🎢
After U.S. tariffs spiked to over 100% earlier this year, China's exports still defied expectations, growing steadily. High-frequency data even shows a July rebound! With recent trade dialogues easing tensions, the economy is back on track, clocking a 5.3% GDP growth in H1 2025. 📊
Domestic Demand Takes Center Stage 🛒🏗️
The CPC's July meeting greenlit fiscal stimulus and loose monetary policies to fuel growth. Think faster bond issuance, lower funding costs, and a push for urban upgrades. Fiscal spending jumped 8.9% YoY in H1—a stark contrast to last year’s slump. 💸
What’s Next? Service Boom & Smarter Tools 🧠✨
Expect policies targeting service consumption and capital markets. The National Development and Reform Commission hints at 'diversified tools' to support local governments. Translation? More innovation, less red tape. 🚀
As the 15th Five-Year Plan (2026-2030) takes shape, one thing’s clear: China’s betting on homegrown strategies to stay ahead in a wobbly world. 🌏🔧
