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flag China's 2025 economic summit pushes innovation-driven growth, market reforms, and fiscal clarity to boost long-term stability.

flag China’s Central Economic Work Conference in December 2025 stressed coordinated reforms to boost high-quality economic growth by shifting from factor-driven to innovation-driven development. flag Key priorities include strengthening market efficiency, eliminating regional protectionism, modernizing regulation through digital tools and credit systems, and improving resource allocation. flag Reforms aim to enhance private sector access, protect property rights, support state-owned enterprise governance, and promote inclusive growth among platform companies. flag Fiscal changes focus on clarifying central-local responsibilities, broadening local tax bases, and implementing performance-driven budgeting to ensure long-term stability and structural upgrading under Party-led governance.

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