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China’s 2025 Budget: More Debt, More Tech
Key Takeaways
- China will take on significantly higher debt to fund fiscal policy measures designed to tackle low consumption, a weak real estate market, and local government debt.
- The budget report affirms China’s renewed commitment to fostering the private sector to support overall market development.
- The government is betting big on the tech sector to fuel growth, pledging higher investment in science and technology.
