SHANGHAI -- The Chinese Communist Party's Politburo, the country's top decision-making body, on Monday called for a "more proactive" fiscal policy in 2025, as the country battles an economic slowdown.
Leadership signals 'moderately accommodative' monetary stance, 'vigorous' consumption push
A delivery worker picks up grocery orders in Beijing in October. The Politburo has mentioned a need to "vigorously boost consumption" and "comprehensively expand domestic demand." © Reuters
SHANGHAI -- The Chinese Communist Party's Politburo, the country's top decision-making body, on Monday called for a "more proactive" fiscal policy in 2025, as the country battles an economic slowdown.