BEIJING, Feb 27 (Reuters) – China stressed the need for more proactive and effective economic policies, and better policy coordination, the Communist Party’s top decision-making body the Politburo said, according to state news agency Xinhua on Friday.
The Politburo called for continuing a more proactive fiscal policy and a moderately accommodative monetary policy, Xinhua said.
Efforts to stabilise employment, enterprises and markets, as well as building a robust domestic market, were also discussed.
The $19 trillion Chinese economy grew 5.0% in 2025, according to official data, meeting the government’s target and defying a second Trump White House intent on slowing it down, by stepping up shipments elsewhere to offset weak domestic consumption. But economists warn that strategy will be increasingly hard to sustain.
While China will deepen reforms in key areas of the economy, it also urged expanding new growth drivers and stepping up high levels of self-reliance in science and technology.
The summary of the comments did not specify in which sectors China would effort reforms or target new growth.
The Politburo also discussed a draft outline of the country’s next economic and social development five-year plan and a draft government work report to be submitted for review at the annual session of the national legislature in March.
(Reporting by Liz Lee and Beijing newsroom; Editing by Muralikumar Anantharaman and Kim Coghill)
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