The President asked her today (31.12.2024) to implement a more “active” macroeconomic policy for 2025, according to official media. Specifically, during an official New Year’s reception, China President Shi Jinping said: “We must maintain the general guiding principle of stability while pursuing progress”, “to speed up the implementation of a new model of development” and “to implement more active and effective macroeconomic policies”, according to the state television network CCTV. CORVERSE According to the state media, the Chinese president also said that it is expected that China’s Gross Domestic Product (GDP) will have increased by 2024 around 5%. Source: RES-AE
Shi Jinping wants a more “active” economic policy for 2025 and expects growth of around 5% for 2024
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