Zhao Xijun: The proactive fiscal and monetary policies provide a solid guarantee for economic growth in 2025.

The National Bureau of Statistics released the "report card" for China's economy in 2025 on the 19th. Zhao Xijun, co-president of the China Capital Market Research Institute at Renmin University of China, stated at the "Analysis of China's Economic Situation in 2026" held by China News Service that China adhered to a more proactive macro policy in 2025, with more active fiscal policy and fiscal expenditures reaching 35 trillion yuan in the first 11 months of 2025. The monetary policy remained moderately loose, with the total increment of social financing reaching 35.6 trillion yuan in 2025. The funds formed by the coordination of fiscal and financial policies provided a solid guarantee for achieving the 5% economic growth target.