Financial Services & Investment Market Development

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Key Policy Updates Announced at the 2025 Financial Street Forum

The 2025 Financial Street Forum Annual Conference, held in Beijing on October 27, brought together senior officials from China’s main financial regulatory institutions, the People’s Bank of China (PBOC), the China Securities Regulatory Commission (CSRC), the State Administration of Financial Regulation (SAFR), and the State Administration of Foreign Exchange (SAFE) …

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China’s Fiscal Strategy for 2025: Balancing Growth, Stability, and Innovation

At the 2025 China Development Forum, Minister of Finance Lan Fo’an outlined China’s fiscal policy strategy, emphasizing a more proactive and coordinated approach to ensure economic stability and long-term growth. With a deficit rate of 4%, a fiscal deficit of 5.66 trillion yuan, and public budget expenditures reaching 29.7 trillion yuan, the government’s policy framework is designed to boost consumption, stimulate investment, support innovation, and manage financial risks.

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