China's Politburo sets tone for H2 2025: macro policies to be reinforced with greater flexibility and foresight

China's Politburo, the top decision-making body of the Communist Party, held a meeting on July 30, laying out key economic priorities for the second half of 2025, calling for the sustained application and timely strengthening of macro-economic policies.

In the first half of 2025, China's economy achieved 5.3% growth. While the Politburo acknowledged that economic operations progressed steadily with good performance in major economic indicators and demonstrated strong vitality and resilience, it cautioned that the economy still faces many risks and challenges. It called for a correct understanding