2024 Stimulus Package. China’s stimulus package for this year, including recently announced measures aimed at revitalizing its slowing economy, is estimated to total approximately rmb 7.5 trillion (usd 1.07 trillion), which represents around 6% of the country’s gdp. Josh shapiro said that older residents would receive more financial help courtesy of his signed act 7 of 2023.

Here we take a look at what has been done in the past, and what to expect in the near future, according to two international investment banks. Analysts say more fiscal stimulus needed to restore confidence.