BEIJING: Chinese policymakers will likely adopt a more pro-growth stance and strengthen "extraordinary countercyclical measures" to spur the economy amid pressing challenges from sluggish domestic demand and external uncertainties, economists said.
They anticipate a new round of stimulus packages focusing on driving domestic demand and boosting consumption to address domestic structural issues, offset the rising headwinds from a grimmer global environment and foster sustainable, high-quality growth in the long run.
