MNI BRIEF: China To Adopt More Proactive Policies - Politburo

China will continue to implement a more proactive fiscal policy and moderately loose monetary policy, increase counter- and cross-cyclical adjustments, and improve the efficiency of macroeconomic governance, Xinhua News Agency reported Monday following the Politburo meeting in Beijing.

Authorities should better coordinate domestic economic work and international trade struggles, and implement more proactive macroeconomic policies and enhance their forward-looking, targeted, and coordinated nature, the meeting said, noting the key to expanding domestic demand and optimising supply.

It is necessary to develop new quality productive forces in accordance with local conditions, deepen the construction of a unified national market, prevent and resolve risks in key areas, focus on stabilising employment, enterprises, markets and expectations, to promote quality improvement and reasonable growth of the economy and achieve a good start to the 15th Five-Year Plan, the meeting said. (See MNI: China's Positive 2026 Policy Tone Aimed At 5% GDP)