Friday, the Political Bureau of the Communist Party of China Central Committee said the government will continue its proactive fiscal policy and moderately easy monetary policy next year, hinting that there will not be any early exit.
The decision was taken in a meeting of the 25-member Politburo, chaired by President Hu Jintao, China's official Xinhua news agency reported.
According to the report, the ruling party decided to take more efforts to improve the quality and efficiency of economic growth, to promote the transformation of the economic development pattern and structural adjustments, according to a statement released after the meeting.
During next year's economic work, the government would improve policies to spur consumption and ensure investment grow at a reasonable pace, the report said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.