The press center for the third session of the 14th National People’s Congress hosted a press conference on economic matters in Beijing on Thursday.
Zheng Shanjie, chairman of the National Development and Reform Commission, along with key officials including Finance Minister Lan Fo’an, Commerce Minister Wang Wentao, People’s Bank of China Governor Pan Gongsheng, and China Securities Regulatory Commission Chairman Wu Qing, attended the event. They addressed questions from both Chinese and international journalists on topics related to development policies, fiscal planning, trade, financial regulations, and securities.
The highlights included:
- China will focus on future growth drivers and public investments in 2025.
- A strong and proactive fiscal policy is essential to achieving the 5% growth target.
- China’s trade-in program has contributed 3 trillion yuan to consumption.
- The PBOC aims to maintain RMB exchange rate stability in 2025.
- Stabilizing the real estate and stock markets remains a key priority for 2025.
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