The Central Committee of the Communist Party of China Sets the Tone for 2025 Economic Policies****中共中央政治局定调2025年经济政策
On December 9, the Political Bureau of the CPC Central Committee held a meeting to discuss economic work for 2025.12月9日，中共中央政治局召开会议，研究2025年经济工作。
The meeting proposed a "more proactive fiscal policy" and a "moderately loose monetary policy," signaling a significant shift in policy direction.会议提出“更加积极的财政政策”和“适度宽松的货币政策”，标志着政策基调的重大调整。
Analysts believe this reflects the current economic challenges of insufficient effective demand and low price levels.分析人士认为，这反映了当前经济面临有效需求不足与价格水平偏低的现状。
Multiple institutions predict more substantial rate cuts and reserve requirement reductions in 2025 to support the real economy.多家机构预计，2025年可能会有更大力度的降息降准以支持实体经济。
Central Bank Governor Pan Gongsheng stated that next year, various tools will be employed to maintain adequate liquidity and reduce financing costs.央行行长潘功胜表示，明年将综合运用多种工具，保持流动性合理充裕，降低融资成本。
