Major Wins in H1 2025 🚀
At a Friday press conference, the Chinese finance minister Lan Fo'an shared the Chinese mainland’s solid economic strides for the first half of 2025. Just days after the State Council sent its report on national development to the NPC Standing Committee, these takeaways show a rebound driven by tech, domestic demand and policy support.
- Steady GDP growth: A healthier expansion as consumer spending and manufacturing bounce back.
- Fiscal boost for small businesses: Targeted tax breaks and loans helped local startups and SMEs stay agile.
- Innovation on the rise: AI chips, 5G rollouts and electric vehicles (EVs) led R&D investments.
- Job stability: Employment numbers held firm, easing youth job market concerns.
Looking Ahead: H2 Focus 🎯
- Green tech & clean energy: More support for renewables and EV adoption.
- Digital economy: Accelerated AI, cloud services and smart city projects.
- Consumption push: New incentives to boost retail, online shopping and lifestyle spending.
- Balanced development: Infrastructure and social services in inland and rural areas.
Whether you’re scrolling through your favorite apps in Mumbai or planning your next side-hustle in Jakarta, these moves will shape the digital and economic landscape across Asia. Stay tuned! ✨
Reference(s):
cgtn.com
