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What will be the key focus areas of China's macroeconomic policies in 2025?
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Resolution / Starting Odds
Reform and opening up • 25%
Development and security • 25%
Technological advancement • 25%
Other areas • 25%
Official announcements from the Chinese government
Story
Xi Jinping Announces 5% GDP Growth Target for China in 2024, Aims for Over 130 Trillion Yuan, Plans Proactive Policies for 2025
Dec 31, 2024, 09:34 AM
Chinese President Xi Jinping has announced that the country's GDP is expected to grow by around 5% in 2024, aligning with the government's official target. This statement was made during a New Year's reception hosted by China's top advisory body. Xi also pledged to implement more proactive macroeconomic policies in 2025 to support the economy, emphasizing the need to deepen reform, expand high-level opening up, and better coordinate development and security. Despite facing domestic and international challenges, Xi expressed confidence in achieving the main socio-economic development goals for 2024. Additionally, he mentioned that China's GDP for 2024 is expected to exceed 130 trillion yuan.
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Environmental sustainability • 25%
Technological innovation • 25%
Infrastructure development • 25%
Social welfare improvement • 25%
Macroeconomic Stability • 25%
Development and Security Coordination • 25%
Reform and Opening Up • 25%
Other • 25%
Infrastructure spending increase • 25%
Other major changes • 25%
Tax cuts • 25%
Monetary policy easing • 25%
Liquidity injections • 25%
Other • 25%
Currency stabilization • 25%
Interest rate cuts • 25%
Trade policy • 25%
Other policy • 25%
Military and regional policy • 25%
Drug control policy • 25%
Focus on domestic consumption • 25%
Other focus • 25%
Focus on economic stability • 25%
Focus on trade expansion • 25%
Government stimulus • 25%
Domestic consumption • 25%
Exports • 25%
Technology sector • 25%
Exports • 25%
Domestic Consumption • 25%
Investment • 25%
Government Spending • 25%
Tightening • 25%
Monetary easing • 25%
Neutral • 25%
Other • 25%
Real estate reform • 25%
Labor market reform • 25%
No major reforms • 25%
Financial sector reform • 25%
Fentanyl and drug control • 25%
Regional stability and security • 25%
Trade • 25%
Other • 25%