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.
近日，中共中央印发了修订后的《中国共产党巡视工作条例》（以下简称《条例》），并发出通知，要求各地区各部门认真遵照执行。通知指出，《条例》坚持以习近平新时代中国特色社会主义思想为指导，深入贯彻习近 中国发展网讯 据中国野生动物保护协会微信公众号消息，为持续推进大熊猫保护事业，中国野生动物保护协会已分别与西班牙马德里动物园和美国圣迭戈动物园就新一轮大熊猫国际保护合作事宜达成一致并签署协 2023年市场监管部门检查涉企收费单位7.9万家 本报讯 记者万静 近日国家市场监督管理总局对外披露数据显示，2023年我国各级市场监管部门共检查涉企收费单位7.9万家，罚没4.3亿元，退还企业21.6亿元。其中，检查政府部 广西南宁新能源全产业链加快成型 中新网南宁2月22日电 (黄令妍 韦雅丹)广西南宁市工信局党组书记、局长卢晴22日介绍，当地新能源全产业链加快成型，比亚迪、多氟多等一批重大项目投产，龙电华鑫、宸宇富基等项目落 中新经纬2月22日电 据国家市场监督管理总局网站消息，自新国标发布实施后，婴幼儿配方乳粉(以下称婴配乳粉)产品配方按新国标注册攻坚工作进展顺利，截至目前，共计1127个配方通过注册。 市场监管总局表示，婴幼儿配方食 激活公共数据要素潜能 日前，国家数据局等部门发布《“数据要素×”三年行动计划(2024―2026年)》，进一步明确和细化了激活数据要素潜能的具体方式和实践场景，扩展数据要素的高质量供给。将通过多领域、多行业的试 。本文链接：China's finance ministry vows to step up fiscal spending in 2025http://www.sushuapos.com/show-5-39472-0.html
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