BEIJING, Dec. 24 (Xinhua) -- China's finance ministry vowed to step up fiscal spending and government bond issuance in 2025, providing stronger support to bolster economic stability.
The country will adopt a more proactive fiscal policy next year, and ensure the fiscal policy is continuously forceful and impactful, Finance Minister Lan Fo'an made the remarks during a two-day national fiscal work conference that ended Tuesday.
The fiscal policy stance aligns with the announcements made at the recent tone-setting Central Economic Work Conference. During the conference, policymakers decided to implement a "moderately loose" monetary policy in 2025, a significant departure from the "prudent" policy of the past 14 years.
This comes as China gears up to navigate economic headwinds both at home and abroad, and sustain a steady and robust recovery.
Lan said the country will set a higher deficit-to-GDP ratio in 2025, increase the intensity of fiscal spending, ensure faster deployment of funds, and optimize the structure of fiscal spending, with more focus on improving people's well-being, promoting consumption and sustaining growth momentum.
According to a statement released after the fiscal work conference, the country's key fiscal priorities next year will include boosting domestic demand, building a modernized industrial system, improving people's well-being, supporting urban-rural integrated development, building an ecological civilization, and promoting high-standard opening up.
The country will work continuously to prevent and defuse risks in key sectors and continue to increase transfer payments to local governments, Lan said.
He noted that the country will also step up efforts to contain new increases in local governments' "hidden debts," and move faster to reform and transform local government financing platforms.
西安碑林博物馆14日起局部开放 门票不分淡旺季每人次10元 中新网西安1月12日电(记者 阿琳娜)记者11日从西安碑林博物馆获悉，该馆自1月10日起采用低票价运行模式，并于1月14日起仅对外开放孔庙古建筑群区域。 这次参与到日喀则市边境县中学生赴北京参观研学活动的22个同学分别来自亚东、定日、仲巴三个县，他们的祖辈或是世代守边固边，或是举家搬离故乡抵边兴边。 2月21日，到了研学活动的第二天。经过近 从广州市区驱车一个多小时，到达依山傍水的从化区。香港赛马会从化马场就坐落在从化流溪河畔的半山腰上，四周树木葱郁，山峰连绵。五年前的2月18日，《粤港澳大湾区发展规划纲要》正式发布，提出加强 国产手机为什么一机难求 手机市场高质量供给不仅能满足不断升级的消费需求，还能激发消费升级意愿，释放新的发展动能。拥有与时俱进的创新力，培育更多新质生产力，国产手机乃至中国制造才能更有竞争力。 近日，多家 中新经纬2月22日电 据中国执行信息公开网消息，西王集团有限公司(以下简称“西王集团”)、西王国际贸易(青岛)有限公司、王勇、王棣、王伟2月20日被青岛市中级人民法院执行超3.3亿，案号为(2024)鲁02执383号。 来 独家 | 库迪咖啡回应闭店：自开业以来总共闭店解约门店数为61家 2月22日每经快讯，自去年末起，不断有库迪联营商在小红书等社交媒体上发帖称库迪出现供应链问题、品牌现金流疑似出现危机，称有很多库迪联营商正在撤离 。本文链接：China's finance ministry vows to step up fiscal spending in 2025http://www.sushuapos.com/show-5-39462-0.html
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