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China’s Xinhua news agency reported that the Political Bureau of the Central Committee, which is the decision-making body of the Chinese Communist Party, held a meeting on Monday where it “analyzed and studied economic activity for 2025” and planned to “fight corruption.” “.
The meeting comes at a time when… Chinese economy Difficulty in recovery.
Authorities have stepped up their plans to stimulate the economy in recent months, but these measures have so far achieved little, according to the latest monthly consumer price index released earlier on Monday.
The consumer price index rose Chinawhich is a measure of the vitality of household consumption and economic activity, in November it grew by only 0.2 percent on an annual basis, compared to 0.3 percent in October, according to data from the State Bureau of Statistics.
“Consumption must increase, investment efficiency must be improved, and domestic demand must be expanded,” officials were quoted as saying by Xinhua.
Members of the Politburo also announced their desire to adopt a “softer monetary policy,” which opens the door to the changes investors are waiting for.
This meeting will be held a few days before the start of the Central Conference on Economic Work, which is an important meeting aimed at determining the direction of economic policy for the coming year.
