On April 15th, according to a survey of economists in the first quarter of 2025, the majority of respondents are optimistic that the economic growth rate in the first quarter will not be less than 5%, and the stock and foreign exchange markets are expected to maintain resilience in the second quarter. It is expected that the excessive imposition of tariffs by the United States will significantly exacerbate its own inflationary pressure. In the short term, external shocks will exert certain pressure on the stable operation of China’s economy, and it is necessary to increase the countercyclical adjustment of macroeconomic policies in the second quarter. The interviewed economists suggest that in the future, incremental fiscal policies can consider increasing efforts to expand the scope, reducing taxes and fees. (Securities Times)
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