China's Politburo plans proactive measures to boost domestic demand in 2025
China's Politburo announced plans for more proactive measures to boost domestic demand in 2025. The decision aims to stabilize the property and stock markets, reflecting a commitment to support economic growth. The meeting indicated a shift to a "more" proactive fiscal policy and a "moderately loose" monetary policy, moving away from the previous "prudent" approach. This change suggests a focus on enhancing economic activity. The Politburo also emphasized expanding domestic demand, foreign trade, and investment. This meeting precedes the annual economic work conference, where officials will outline the economic strategy for the coming year.