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China’s CEWC Vows Bolder Economic Support in 2025

Key Takeaways

  • China’s leadership pledged to increase the budget deficit, issue more debt, and loosen monetary policy.
  • Expected US tariffs and other trade restrictions will make achieving stable growth increasingly challenging for China, necessitating a stronger focus on domestic growth drivers and consumption recovery.
  • Specifics regarding next year’s growth target and budget are expected to be unveiled at the annual Two Sessions in March.

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