A number of experts predict that considering next year's economic and social situation, it is expected that next year China will continue to implement an expansionary fiscal policy, that is, an active fiscal policy, and maintain a “more active” policy tone. Specifically, next year's fiscal deficit rate will not fall below 4% in 2025, and the issuance of ultra-long-term special treasury bonds, local government special bonds, etc. will continue to be moderately increased, so that the amount of new government debt added next year will exceed about 12 trillion yuan in 2025. For example, it may be 13 trillion yuan to 16 trillion yuan. This move will expand fiscal spending. For example, the national general public budget is expected to exceed 30 trillion yuan next year, giving full play to the important role of fiscal policy in growing steadily, expanding domestic demand, and benefiting people's livelihood.

Zhitongcaijing · 2d ago
A number of experts predict that considering next year's economic and social situation, it is expected that next year China will continue to implement an expansionary fiscal policy, that is, an active fiscal policy, and maintain a “more active” policy tone. Specifically, next year's fiscal deficit rate will not fall below 4% in 2025, and the issuance of ultra-long-term special treasury bonds, local government special bonds, etc. will continue to be moderately increased, so that the amount of new government debt added next year will exceed about 12 trillion yuan in 2025. For example, it may be 13 trillion yuan to 16 trillion yuan. This move will expand fiscal spending. For example, the national general public budget is expected to exceed 30 trillion yuan next year, giving full play to the important role of fiscal policy in growing steadily, expanding domestic demand, and benefiting people's livelihood.