摘要
The annual Central Economic Work Conference 2024,held on December 11-12,set the overall goal and policy framework for Chinese economy in 2025,a crucial year in China’s economic development as the final year of the 14th Five-Year Plan(FYP)and the preparation for the 15th FYP.A series of incremental fiscal and monetary policies adopted since the end of September has seen their initial effects in stabilizing stock markets and boosting consumption and production and thus enhanced the confidence of meeting the GDP goal for 2024.In the face of complicated external challenges and domestic difficulties-inadequate effective demand,overcapacity in some sectors and weak expectations,it is crucial to maintain stable growth in 2025.The Central Economic Work Conference 2024 set the general goal of 2025 on maintaining stable growth,employment and consumer prices.