Ministry of Finance: By 2025, a more proactive fiscal policy has achieved a balance between the present and the future.

At the press conference held by the State Council Information Office on the 20th, Vice Minister of Finance Liao Min stated that the more proactive fiscal policy in 2025 has achieved a balance between the current and the long-term. It is beneficial for supporting current economic growth and ensuring the well-being of the people, while also effectively promoting the structural transformation of the Chinese economy and laying a solid foundation for sustained economic and social development in the medium to long term.