Cutting through an overload of information to get to the heart of the story.
This is The Point.
Welcome to The Point, an opinion show coming to you from Beijing.
Andi Xing.
China's economy is set for a major shake-up in 2025.
China's stressed plans to boost growth in a high-level economic planning meeting that wrapped up last week.
The annual Economic Planning Conference noted
that the Chinese economy has posted generally stable performance while making progress in 2024,
but also recognized that we must face up to the difficulties.
For the next year,
the meeting called for a more proactive fiscal policy and affirmed plans to moderately loosen monetary policy.
Why has China decided to ramp up policy stimulus?
What obstacles and challenges can we expect in the new year?
What signals does this all send and where is China's economy headed in 2025?
To answer these questions and more, I was pleased to be joined in the studio by Carl Fei,
Professor of Strategy at BI Norwegian Business School in Oslo, Norway.
So you have been on a two-week tour in China.
You are on the last day of it.
You toured some Chinese cities, for instance, Chongqing, the municipality.
And you were also touring Sichuan province in southwest China.