The Central Economic Work Conference is approaching, and the market is closely watching next year's economic policy trends. Wang Rui, Northeast Asia's chief economist at the Oxford Institute of Economics, said, “A hard indicator such as macroeconomic growth targets is actually not very important at this stage; on the contrary, the qualitative requirements for growth may be even more important for China's sustainable growth.” She pointed out that whether the policy on consumer consumption and stable consumption will continue next year is a key focus; the private economy, as an important support for employment and growth, will also receive policy support. Referring to macroeconomic policies, Wang Rui said that next year it is likely that the relatively loose fiscal and monetary policy mix will continue, which will help stabilize and consolidate the momentum of economic recovery.

The Central Economic Work Conference is approaching, and the market is closely watching next year's economic policy trends. Wang Rui, Northeast Asia's chief economist at the Oxford Institute of Economics, said, “A hard indicator such as macroeconomic growth targets is actually not very important at this stage; on the contrary, the qualitative requirements for growth may be even more important for China's sustainable growth.” She pointed out that whether the policy on consumer consumption and stable consumption will continue next year is a key focus; the private economy, as an important support for employment and growth, will also receive policy support. Referring to macroeconomic policies, Wang Rui said that next year it is likely that the relatively loose fiscal and monetary policy mix will continue, which will help stabilize and consolidate the momentum of economic recovery.