Today, at the 2025-2026 China Economic Annual Conference hosted by the China Center for International Economic Exchanges, Han Wenxiu, deputy director of the Central Finance Office in charge of daily work and director of the Central Agricultural Office, said that next year, it is necessary to maintain steady economic growth, maintain overall stability in employment and prices, maintain a basic balance of payments, and synchronize residents' income growth with economic growth. Han Wenxiu explained that to do a good job in the economy next year, we must insist on steady progress, improve quality and efficiency, increase countercyclical and cross-cycle adjustments, and effectively improve the effectiveness of macroeconomic management. Continue to implement a more active fiscal policy. Maintaining the necessary fiscal deficit, total debt, and total expenditure not only focuses on the present, makes good use of policy space, but also leaves room for dealing with future risks. Continue to implement a moderately loose monetary policy. Efforts should be made to unblock the transmission mechanism of monetary policy, increase support for expanding domestic demand, and maintain the basic stability of the RMB exchange rate at a reasonable equilibrium level. It is necessary to enhance the consistency and effectiveness of macroeconomic policy orientation, strengthen coordination between fiscal policy and financial policy, coordinate reform initiatives with macroeconomic policies, and ensure that all types of policies and measures work in the same direction and form synergy.

Zhitongcaijing · 2d ago
Today, at the 2025-2026 China Economic Annual Conference hosted by the China Center for International Economic Exchanges, Han Wenxiu, deputy director of the Central Finance Office in charge of daily work and director of the Central Agricultural Office, said that next year, it is necessary to maintain steady economic growth, maintain overall stability in employment and prices, maintain a basic balance of payments, and synchronize residents' income growth with economic growth. Han Wenxiu explained that to do a good job in the economy next year, we must insist on steady progress, improve quality and efficiency, increase countercyclical and cross-cycle adjustments, and effectively improve the effectiveness of macroeconomic management. Continue to implement a more active fiscal policy. Maintaining the necessary fiscal deficit, total debt, and total expenditure not only focuses on the present, makes good use of policy space, but also leaves room for dealing with future risks. Continue to implement a moderately loose monetary policy. Efforts should be made to unblock the transmission mechanism of monetary policy, increase support for expanding domestic demand, and maintain the basic stability of the RMB exchange rate at a reasonable equilibrium level. It is necessary to enhance the consistency and effectiveness of macroeconomic policy orientation, strengthen coordination between fiscal policy and financial policy, coordinate reform initiatives with macroeconomic policies, and ensure that all types of policies and measures work in the same direction and form synergy.