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China's Economic Conference: Growth Targets and Supportive Policies Ahead

12/5/2025

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Story summary
  • Analysts expect China to maintain this year’s policy tone at the central economic work conference, with a possible small growth target revision.
  • Lu Ting, chief economist at Nomura, expects Beijing to maintain a proactive fiscal policy to ease local governments’ financing.
  • Analysts at ANZ Bank anticipate supportive measures for the declining property sector and that markets should temper expectations.
  • The meeting will set the main policy goals for 2026.