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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
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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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Technological innovation • 25%
Infrastructure development • 25%
Social welfare improvement • 25%
Environmental sustainability • 25%
Other • 25%
Macroeconomic Stability • 25%
Reform and Opening Up • 25%
Development and Security Coordination • 25%
Tax cuts • 25%
Monetary policy easing • 25%
Other major changes • 25%
Infrastructure spending increase • 25%
Liquidity injections • 25%
Currency stabilization • 25%
Other • 25%
Interest rate cuts • 25%
Focus on trade expansion • 25%
Other focus • 25%
Focus on domestic consumption • 25%
Focus on economic stability • 25%
Exports • 25%
Domestic Consumption • 25%
Investment • 25%
Government Spending • 25%
Financial sector reform • 25%
Labor market reform • 25%
Real estate reform • 25%
No major reforms • 25%
Local government debt • 25%
Housing sector • 25%
Infrastructure • 25%
Consumer incentives • 25%
Domestic Consumption • 25%
Export Strength • 25%
Policy Easing • 25%
Other • 25%
Other • 25%
Financial cooperation initiatives • 25%
Industrial sector • 25%
Consumer goods sector • 25%