Norbolsa | Economic activity is expected to exceed $17.8 trillion in 2024, said President Xi Jinping in his New Year’s speech, acknowledging the new challenges facing the economy in the face of global uncertainty and the pressure to transform old growth engines into new ones. He added that the government will implement new proactive measures to boost growth through 2025.
Indeed, looking ahead to 2025, Xi said the country aims to adhere to the tone of pursuing progress while maintaining stability and accelerating the construction of a new pattern of development, while calling for more proactive macroeconomic policies.
