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.
中新经纬1月11日电 据高检网11日消息，国家开发银行原党委委员、副行长王用生涉嫌受贿一案，由国家监察委员会调查终结，移送检察机关审查起诉。日前，经最高人民检察院指定管辖，吉林省人民检察院依法以涉嫌受贿罪对王用生 27亿元票房领跑春节档 凭什么《热辣滚烫》？ 长沙晚报2月17日讯(全媒体记者 宁莎鸥)今年的春节档大战在如火如荼地进行中。截至17日记者发稿时，贾玲自导自演的《热辣滚烫》已获得票房超27亿元，领跑大盘，有望拿到春 实习期“双向侵权”如何破解？ 劳动时间长，拿到的报酬却很微薄；实习岗位上受了伤，无法获得工伤赔偿……权益受侵害难维权，让职校生实习遭受到多方诟病。与此同时，用心培养后很难留住优秀实习生，付出的人力物力“竹 春节档还是挣钱的好档期吗？ 中新网北京2月23日电(记者 张曦)2024春节档已进入尾声。 如果要用一个词来形容今年的表现，无疑是“魔幻”。 一边是80.16亿创纪录的票房成绩(2024年2月10日至17日)，一边是四部电 湖南铁路科技职业技术学院党委书记康月林接受纪律审查和监察调查 中新网2月22日电 据中央纪委国家监委网站，据湖南省纪委监委消息：湖南铁路科技职业技术学院党委书记康月林涉嫌严重违纪违法，目前正接受湖南省纪委 。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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