China's top leadership has signaled a dynamic new phase for the second half of the year. In a recent meeting of the Political Bureau of the CPC Central Committee, leaders pledged to support the economy amid profound and complex changes by keeping policies steady with flexibility and foresight.
The announced measures aim to stabilize employment, invigorate businesses, and boost market confidence. Structural monetary tools will be used to support technological innovation, stimulate consumption, assist small firms, and secure stable foreign trade. This approach is designed to blend tradition and freshness—imagine a classic hit remixed with a modern twist! 🔥
Senior economic expert Professor Liu Yuanchun, from Shanghai University of Finance and Economics, shared his insights with China Media Group. Specializing in open macroeconomics and monetary policy, Liu noted that these measures reflect a balanced drive for progress and stability. His analysis underscores how such strategies could pave the way toward a robust economic future.
As the 14th Five-Year Plan period nears its end, attention now shifts to the crucial 15th Five-Year Plan (2026-2030). This upcoming phase will be key to consolidating foundational achievements and advancing socialist modernization. Stay tuned for more updates as China charts its course for continued economic growth.
Reference(s):
Q&A: Senior economic expert shares insights on China's economy in H2
cgtn.com
