What major economic policy changes will China announce in 2025?
Tax cuts • 25%
Infrastructure spending increase • 25%
Monetary policy easing • 25%
Other major changes • 25%
Official announcements from the State Council of China and major policy changes reported by state media
China Targets 4% Budget Deficit, Highest on Record, and 5% GDP Growth for 2025, Up from Initial Goal of 3%
Dec 17, 2024, 04:55 AM
China has announced plans to target a budget deficit of 4% of its gross domestic product (GDP) for the year 2025, an increase from the initial goal of 3% set for 2024. Additionally, the country aims for economic growth of around 5% in 2025. This decision reflects China's strategy to address economic challenges and maintain stability amid external pressures. The budget deficit goal for 2025 is reported to be the highest on record. Sources indicate that these targets were agreed upon by Chinese leaders in a recent meeting.
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No major reforms • 25%
Labor market reform • 25%
Financial sector reform • 25%
Real estate reform • 25%
Other policy • 25%
Military and regional policy • 25%
Trade policy • 25%
Drug control policy • 25%
Reform and opening up • 25%
Technological advancement • 25%
Development and security • 25%
Other areas • 25%
Technological innovation • 25%
Environmental sustainability • 25%
Social welfare improvement • 25%
Infrastructure development • 25%
Monetary easing • 25%
Tightening • 25%
Neutral • 25%
Other • 25%
Other • 25%
Development and Security Coordination • 25%
Macroeconomic Stability • 25%
Reform and Opening Up • 25%