Editorial: Stabilizing Policies to Stabilize Growth

With the New Year right around the corner, now is a good time to take a look back at the major developments in China’s economy over the last year and look ahead to see what’s in store for 2022.

At last week consecutive meetings of the Political Bureau of the Communist Party of China (CPC) Central Committee and the Central Economic Work Conference, where policymakers are charged with coming up with a macroeconomic plan for the coming year, Chinese leaders emphasized that work on the economy should prioritize stability while pursuing progress in 2022.