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2025-12-13 12:12:20
[China Economic Annual Conference: 2026 Requires Promoting Synergistic Growth in Residents' Income and Economy] Today (the 13th), at the 2025-2026 China Economic Annual Conference held by the China Center for International Economic Exchanges, Han Wenxiu, Deputy Director of the Central Financial and Economic Affairs Commission and Director of the Central Rural Work Leading Group Office, stated that next year, efforts will be made to maintain stable economic growth, overall employment and prices, and a basic balance of international payments, while promoting synchronized growth in residents' income and economy. Han Wenxiu explained that to ensure the success of next year's economic work, it is essential to adhere to the principle of seeking progress while maintaining stability, improving quality and efficiency, increasing counter-cyclical and cross-cyclical adjustments, and effectively enhancing the efficiency of macroeconomic governance. A more proactive fiscal policy will continue to be implemented. The necessary fiscal deficit, total debt, and total expenditure will be maintained, focusing on both the present and the future, making full use of policy space while also leaving room for future risks. A moderately loose monetary policy will continue to be implemented. Efforts will be made to smooth the transmission mechanism of monetary policy, strengthen support for expanding domestic demand, and maintain the basic stability of the RMB exchange rate at a reasonable and balanced level. To enhance the consistency and effectiveness of macroeconomic policy orientation, we must strengthen the coordination between fiscal and monetary policies, and between reform measures and macroeconomic policies, ensuring that all policies and measures work in the same direction to form a synergy. (CCTV News)
