China reaffirms to implement more proactive fiscal policy in 2025

• To prioritise boosting domestic consumption
• To support all-round expansion of domestic demand
• Will foster new quality productive forces to sustain economic growth

This echoes remarks from finance minister Lan Fo’an in a symposium in Beijing over the weekend as well. Again, very much on the surface stuff as China continues to try and rally the troops to bolster the narrative of reviving domestic demand and consumption.

This article was written by Justin Low at www.forexlive.com.