Connect with us

Hi, what are you looking for?

Economy

China pledges more stimulus in monetary policy shift

Investing.com — China has pledged to implement more proactive fiscal stimulus measures and adopt moderately looser monetary policies in 2025, as per official readout from a key policy meeting held by the Political Bureau of the Communist Party of China Central Committee. 

The readout flagged achievements in strengthening economic resilience, advancing technological innovation, deepening reforms, and safeguarding people’s livelihoods. 

These efforts have contributed to maintaining stability and reinforcing China’s economic and comprehensive national strength.

Going forward, the CPC Central Committee stressed the need to prioritize stability while fostering progress, focusing on areas such as boosting domestic demand, enhancing innovation, and accelerating the green transformation of the economy. 

Proactive fiscal measures, supported by prudent monetary policies, will play a central role in stimulating consumption, improving investment efficiency, and driving industrial modernization. 

The leadership also underscored the importance of counter-cyclical adjustments and policy coordination to mitigate risks and ensure macroeconomic stability.

The meeting called for expanded high-level opening-up, stabilization of foreign trade and investment, and measures to address vulnerabilities in the property and stock markets. 

In addition, regional strategies and urban-rural integration will be reinforced to stimulate balanced development, while carbon reduction and environmental goals will remain integral to the country’s economic transformation.

Alongside economic priorities, the meeting reviewed efforts in building a clean governance framework and combating corruption. 

Discipline inspection and supervision agencies were urged to maintain high vigilance against corruption, strengthen oversight, and foster an environment of accountability and integrity. 

Xi Jinping emphasized the importance of aligning these anti-corruption efforts with broader reforms to ensure their effectiveness in promoting sustainable growth and modernization.

The meeting concluded with a decision to convene the fourth plenary session of the 20th Central Commission for Discipline Inspection from January 6 to 8, 2025, where further strategies for comprehensive governance will be discussed.

This post appeared first on investing.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    Former president Donald Trump and his allies have filed hundreds of lawsuits, with more to come, seeking to tighten voting rules or disqualify voters....

    Economy

    LONDON (Reuters) – Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting...

    Editor's Pick

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Latest News

    Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for...

    Disclaimer: beneficialinvestmentnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 beneficialinvestmentnow.com