Caixin
Jul 25, 2023 08:56 PM
OPINION

Opinion: China’s Politburo Meeting Signals What’s in Store for Economic Policy

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Photo: VCG
Photo: VCG

On Monday, the Politburo of the Communist Party of China convened to analyze the current economic situation and set the agenda for the second half of the year. Here are six key points to note.

“Counter-cyclical adjustment” is back in focus

The meeting unequivocally emphasized the need to “strengthen counter-cyclical adjustments and policy reserves.” This marks the first time since 2020 that the Politburo has broached the subject of counter-cyclical adjustment.

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