In 2025, the country will "implement a more proactive and effective macro policy." According to the central economic work conference deployment, as two important pillars of the macroeconomic governance system, fiscal policy will be "more proactive" than before, maintaining continuity in policy and demonstrating a commitment to increasing efforts; monetary policy will shift towards "moderate easing," continuing to uphold a supportive monetary policy stance. "Precious policy tools should be used at critical stages," industry insiders say, to boost market confidence during periods of inadequate effective Crediting demand and weak market expectations; during the phase of accelerated issuance of government Bonds, to support more effective implementation of the more proactive fiscal policy, effectively executing a policy "combination strategy." (Securities Times)
财政和货币政策持续加力 明年强调打好“组合拳”
Fiscal and MMF policies continue to strengthen, emphasizing the importance of striking a good balance next year.
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