In a move to counter economic headwinds, China has been deploying a series of strategic policy adjustments since September, aimed at stabilizing its economic indicators. This process has entered a more aggressive phase with the onset of 2025, as the government introduces a comprehensive suite of measures designed to instill market confidence and spur sustainable economic growth.
Yao Jingyuan, a special researcher at the Counselors’ Office of the State Council, detailed these initiatives in a discussion with the Global Times. Yao noted that after several months of meticulous policy adjustments, there are visible signs of economic stabilization. “The continuity and intensification of these policies at the beginning of 2025 hold significant positive implications for boosting market confidence and promoting high-quality economic development,” Yao explained.
The strategies implemented focus specifically on resolving pivotal structural contradictions within the Chinese economy. Analysts have pointed out that these measures are finely tuned to enhance domestic demand, including innovative trade-in programs designed to encourage consumers to replace old products with new ones. Such programs are part of a broader initiative to invigorate consumption and stimulate economic activity.
Furthermore, the government is propelling a variety of investment initiatives to spur development across different sectors. One of the key areas receiving attention is the property market, which has seen downturns in recent times. Policies aimed at stabilizing this sector are expected to prevent potential market disruptions and foster a more balanced economic environment.
Li Changan, a professor at the Academy of China Open Economy Studies at the University of International Business and Economics, also emphasized the critical importance of these macro-policy supports in an interview with the Global Times. “The effective implementation of these policies is one of the important foundations to achieve China’s annual economic growth target,” said Li. He underscored that maintaining steady economic growth is crucial for China as it navigates through internal and external economic pressures, striving to achieve its long-term development goals.
These concerted efforts by Chinese policymakers highlight a strategic approach to managing economic fluctuations and ensuring resilience against global economic uncertainties. As these policies unfold throughout 2025, their impact on the broader economy will be closely monitored by analysts and policymakers alike.