China's top political advisory body, the National Committee of the Chinese People's Political Consultative Conference (CPPCC), has kicked off its annual session in Beijing. 🎉 This event marks the start of the country's most significant political gathering, known as the Two Sessions.
Amidst the discussions, Zhu Haibin, Chief China Economist at J.P. Morgan, shared his expert insights with CGTN, highlighting that the upcoming consumption policy package is expected to surpass 2024's efforts. 📈 This move is aimed at further supporting domestic demand and boosting consumer confidence across the nation.
As China navigates the complexities of the global economy, these policy enhancements are poised to play a crucial role in sustaining growth and ensuring a robust economic landscape for the future. Stay tuned as we continue to cover the latest updates from this pivotal political event! 🌟
Reference(s):
Expert: Consumption policy package expected to be higher than 2024
cgtn.com
