China Fiscal Policy 2024. China's finance minister lan fo'an emphasized the importance of a proactive fiscal policy in consolidating and enhancing the country's economic recovery. China’s fiscal policy is turning slightly stimulatory, as government seeks to offset subdued underlying economic activity and achieve its gdp growth target of.

The reform will try to better match the fiscal revenues and expenditures assigned to local governments, including widening their revenue bases and bigger fiscal. The announcement friday followed a meeting of top communist party officials and came just days after.