China's business summit: Focus on new strategies for 2025!

China's business summit: Focus on new strategies for 2025!

in Beijing was held from December 11th to 12th the important central conference for economic work, in which the Chinese leadership under XI Jinping set important course for the economic year 2025. The Secretary General of the Central Committee of the KP China announced that despite growing external and internal challenges, China will continue to secure general stability and economic progress. The aim is to increase domestic demand and at the same time promote the development of science and technology as well as industrial Innovation so that a positive economic performance can be achieved, such as ots.at reported.

The meeting also dealt intensively with fiscal and monetary policy. China will implement a proactive fiscal policy, which includes an increase in the deficit rate and an output of special government bonds. The central government emphasizes that public debt is relatively low compared to GDP at 67.5 %, which offers scope for higher borrowing. In addition, moderate money -political loosening is sought to secure liquidity. These angle trains could be crucial to stabilize economic growth in the coming year. The central bank has already reduced the minimum reserve rate for financial institutions with a total of two reductions by 1 percentage point, which pumped about 2 trillion Yuan, such as china.cn added.

priorities for 2025

Overall, the economic priorities for 2025 were determined in nine areas. This includes promoting consumption, improving investment efficiency and consolidation of success in poverty control. In addition, China is aiming for an opening of the market to increase foreign trade and foreign investments, which is intended to support the ongoing economic dynamics. A national program for promoting trading has already mobilized millions of participants and has generated immense sales, which illustrates the unused potential of internal demand. XI Jinping emphasized that China's development was open and inclusive, and plans to strengthen trade relationships with the least developed countries to increase their market shares in China.