Market
What will be China's primary economic policy focus in 2025?
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Resolution / Starting Odds
Infrastructure development • 25%
Technological innovation • 25%
Environmental sustainability • 25%
Social welfare improvement • 25%
Official announcements from the Chinese government or state media
Story
Xi Jinping Announces China's 2024 GDP Growth Target of Around 5%, Promises Proactive Policies in 2025
Dec 31, 2024, 12:30 PM
Chinese President Xi Jinping announced that China's GDP is expected to grow around 5% in 2024, signaling that the world's second-largest economy is on track to meet its official target. Xi made these remarks at a New Year's event, emphasizing that the economy has been 'overall stable and progressing amid stability.' He also indicated that support for the economy would continue into 2025, with a commitment to implementing more proactive macroeconomic policies as part of the 14th Five-Year Plan. Despite external uncertainties and challenges in shifting to new growth drivers, Xi called for confidence in overcoming these hurdles. Additionally, he reiterated the Communist Party's stance on Taiwan, asserting that no one can stop China's reunification efforts. Xi also mentioned a shift to a 'moderately loose' policy stance to support economic growth.
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Reform and Opening Up • 25%
Macroeconomic Stability • 25%
Other • 25%
Development and Security Coordination • 25%
Reform and opening up • 25%
Other areas • 25%
Technological advancement • 25%
Development and security • 25%
Focus on domestic consumption • 25%
Other focus • 25%
Focus on economic stability • 25%
Focus on trade expansion • 25%
Government Spending • 25%
Domestic Consumption • 25%
Investment • 25%
Exports • 25%
Infrastructure spending increase • 25%
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Tax cuts • 25%
Monetary policy easing • 25%
Government stimulus • 25%
Exports • 25%
Technology sector • 25%
Domestic consumption • 25%
Other policy • 25%
Drug control policy • 25%
Trade policy • 25%
Military and regional policy • 25%
Other • 25%
Exports • 25%
Government stimulus • 25%
Domestic consumption • 25%
Real estate reform • 25%
No major reforms • 25%
Financial sector reform • 25%
Labor market reform • 25%
Exports • 25%
Domestic Consumption • 25%
Government Stimulus • 25%
Other • 25%
Interest rate cuts • 25%
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Currency stabilization • 25%
Liquidity injections • 25%
Domestic Consumption • 25%
Policy Easing • 25%
Export Strength • 25%
Other • 25%