On January 10, the State Information Office held a series of press conferences on the “High Quality Development Results of China's Economy”. Vice Minister of Finance Liao Min said that in 2025, a more active fiscal policy can be expected in the future, mainly reflected in the three aspects of “strength, efficiency, and timing.” Furthermore, we will also deepen the reform of the fiscal and taxation system, continue to make efforts to prevent and mitigate risks in key areas, and promote the smooth operation and sustainable development of finance. Finally, I would like to emphasize that in the face of new situations and problems in the internal and external environment, finance has sufficient policy space and tools. We will closely follow the international and domestic situation, carry out scientific design and dynamic adjustments in due course, and take the “last steps” of our policies step by step to provide strong support for economic and social development.
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财政部:财政有充足的政策空间和工具,将密切跟踪国际国内形势、梯次拿出政策“后手”
Ministry of Finance: Finance has sufficient policy space and tools. It will closely follow the international and domestic situation and take policy “latecomers” step by step
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