Part 4/6:
Anticipation builds as the China Economic Work Conference approaches, set to take place Thursday and Friday. This meeting aims to shape further economic policy, although hard talk about GDP targets or fiscal deficits may not surface until the dual sessions in March. Prognosticators suggest that the GDP target for 2025 is set around 5%, while budget deficits might expand to 4%.
Incremental Economic Improvements
The trajectory of economic policies appears to be increasingly favorable, aligning with a deliberate push toward supporting critical sectors like housing and stock markets. Despite a cautious approach to immediate fiscal boosts—often termed helicopter money—Chinese authorities seem focused on structural changes aimed at sustainable domestic consumption improvements.