EconomyStability seen amid shift in growth drivers
China’s economic growth is expected to stabilize further in the second half of the year as policymakers tackle structural challenges and strengthen domestic demand. A Political Bureau meeting called for faster movement from old to new growth engines, a more proactive fiscal policy and appropriately accommodative monetary policy. Experts said AI-led industries may support investment, while consumption, property and private investment still need time to recover.
Stability seen amid shift in growth drivers