30 July 2025 | 11:24PM HKT China: July Politburo meeting shows less urgency for stimulus and more focus on long-term planning Main points: 1. President Xi chaired the July Politburo meeting today (30 July). Policymakers reviewed the current economic situation, set policy priorities for H2 this year, and discussed the proposals of the 15th Five-Year Plan (FYP; for 2026-30). The statement released following the meeting is largely in line with market and our low expectations. Policymakers appeared sanguine on ...