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China Daily / 2025-05 / 08 / Page001

Stimulus package unveiled to bolster support for growth

By Zhou Lanxu and Ouyang Shijia | China Daily | Updated: 2025-05-08 00:00
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China's new financial stimulus package reflects policymakers' strong resolve to stabilize the domestic economy and financial markets amid ongoing tariff-related pressures, paving the way for greater monetary and fiscal actions to shore up domestic demand and confidence, economists and analysts said.

The package, unveiled on Wednesday, includes interest rate cuts, liquidity injection and targeted funding for consumption and technological innovation, and is aimed at strengthening credit expansion, anchoring investor expectations and boosting capital market resilience.

With the measures indicating that policymakers are taking a proactive stance to brace for worst-case scenarios, additional tools are likely to be in the pipeline, including bolder cuts to interest rates, stepped-up fiscal support for consumption and trade-affected businesses, and the potential launch of a formal stock market stabilization fund.

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