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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
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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%
Other areas • 25%
Technological advancement • 25%
Development and security • 25%
Reform and opening up • 25%
Focus on trade expansion • 25%
Focus on economic stability • 25%
Other focus • 25%
Focus on domestic consumption • 25%
Investment • 25%
Domestic Consumption • 25%
Exports • 25%
Government Spending • 25%
Monetary policy easing • 25%
Other major changes • 25%
Tax cuts • 25%
Infrastructure spending increase • 25%
No major reforms • 25%
Labor market reform • 25%
Financial sector reform • 25%
Real estate reform • 25%
Other • 25%
Interest rate cuts • 25%
Liquidity injections • 25%
Currency stabilization • 25%
Export Strength • 25%
Domestic Consumption • 25%
Other • 25%
Policy Easing • 25%
Housing sector • 25%
Infrastructure • 25%
Consumer incentives • 25%
Local government debt • 25%
Cyber Capabilities • 25%
Nuclear Arsenal • 25%
Naval Forces • 25%
Air Force • 25%