{"id":136276,"date":"2024-12-31T09:15:00","date_gmt":"2024-12-31T07:15:00","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/xi-says-china-must-apply-more-proactive-macroeconomic-policies-in-2025\/"},"modified":"2024-12-31T09:15:00","modified_gmt":"2024-12-31T07:15:00","slug":"xi-says-china-must-apply-more-proactive-macroeconomic-policies-in-2025","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/xi-says-china-must-apply-more-proactive-macroeconomic-policies-in-2025\/","title":{"rendered":"Xi says China must apply \u2018more proactive\u2019 macroeconomic policies in 2025"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/136276\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>President Xi Jinping said China will put in place \u201cmore proactive\u201d macroeconomic policies next year, state media reported, as he addressed a top political advisory body on Tuesday. The country has struggled this year to climb out of a slump fuelled by a property market crisis, weak consumption and soaring government debt.<\/p>\n<p>Beijing has unveiled a string of aggressive measures in recent months aimed at bolstering growth, including cutting interest rates, cancelling restrictions on home buying and easing the debt burden on local governments. But economists have warned that more direct fiscal stimulus aimed at shoring up domestic consumption is needed to restore full health in China\u2019s economy.<\/p>\n<p>\u201cWe must\u2026 further comprehensively deepen reform, expand high-level opening up, better coordinate development and security, (and) implement more proactive and effective macroeconomic policies,\u201d state broadcaster CCTV quoted Xi as telling the National Committee of the Chinese People\u2019s Political Consultative Conference at a New Year\u2019s tea party.<\/p>\n<p>Beijing is aiming for an official national growth target this year of about five percent, a goal officials have expressed confidence in achieving but which many economists believe it will narrowly miss. \u201cThe new quality productivity develops steadily, and annual GDP is expected to grow by about five percent,\u201d Xi reiterated on Tuesday. The International Monetary Fund expects China\u2019s economy to grow by 4.8 percent this year and 4.5 percent next year.<\/p>\n<p>Xi\u2019s comments came as Chinese authorities released optimistic factory activity figures, a sign that recent stimulus measures may be starting to take effect. China\u2019s Purchasing Managers\u2019 Index (PMI) \u2014 a key measure of industrial output \u2014 was 50.1 in December, marking a third consecutive month of expansion, the National Bureau of Statistics said on Tuesday. The figure was lower than Bloomberg analysts\u2019 prediction of 50.2, but still above 50, which indicates an expansion in manufacturing activity.<\/p>\n<p>The key indicator slid for six months in the middle of the year before returning to expansion territory in October. The non-manufacturing PMI, which measures activity in the service sector, came in at 52.2 in December, up from 50.0 in November. \u201cThe official PMIs suggest that the economy gained momentum in December, driven by faster growth in the services and construction sectors,\u201d Gabriel Ng of Capital Economics wrote in a note to clients Tuesday. \u201cIncreased policy support towards the end of the year has clearly provided a near-term boost to growth,\u201d Ng wrote. Ng noted that export orders in particular rose to a four-month high in December, \u201cprobably helped by US importers ramping up orders in advance of potential Trump tariffs\u201d.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.digitaljournal.com\/world\/xi-says-china-must-apply-more-proactive-macroeconomic-policies-in-2025\/article\">DJ<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/xi-says-china-must-apply-more-proactive-macroeconomic-policies-in-2025\/\">Xi says China must apply \u2018more proactive\u2019 macroeconomic policies in 2025<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[758,606,607,608,6363],"class_list":["post-136276","post","type-post","status-publish","format-standard","hentry","category-news","tag-china","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien","tag-xi"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/136276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=136276"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/136276\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=136276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=136276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=136276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}