On the 7th, the National Healthcare Security Administration and the Ministry of Human Resources and Social Security announced the "National Basic Medical Insurance, Maternity Insurance, and Work Injury Insurance Drug Catalog (2025)" and the "Commercial Health Insurance Innovative Drug Catalog (2025)", which will be officially implemented nationwide from January 1, 2026.

The new version of the National Medical Insurance Drug Catalog has added 114 new drugs, including 50 Class 1 innovative drugs, and has removed 29 drugs that are not clinically available or can be better replaced by other drugs. After the adjustment, the total number of drugs in the list has increased to 3253, including 1857 western drugs and 1396 traditional Chinese patent medicines and simple preparations. The level of security in key areas such as cancer, chronic diseases, mental diseases, rare diseases, and children's drug use has been significantly improved.

The first edition of the commercial insurance innovative drug catalog includes a total of 19 drugs, forming a good complementary connection with basic medical insurance, and laying the foundation for promoting the differentiated development of commercial insurance and basic medical insurance, and establishing a multi-level medical security system. (Reporter Sun Xiuyan)

According to data released by the State Administration of Taxation on the 8th, the number of overseas tourists who processed departure tax refunds increased by 285% year-on-year from January to November this year, and the sales of tax refunded goods and tax refunds increased by 98.8% year-on-year.

Since the beginning of this year, five new policy implementation areas have been added in Dalian, Hubei, Jilin, Guizhou, and Inner Mongolia, and tax refund shops have covered 28 provinces (regions, cities). As of the end of November, there were 12252 departure tax refund stores nationwide, of which 9151 were newly included stores this year; There are over 7000 stores providing "buy and refund" services, and the coverage of tax refunds continues to expand.

From January to November, the total number of goods sold in departure tax refund stores nationwide reached 329 categories, an increase of 84 categories compared to the same period last year, with a year-on-year growth of nearly 40%. Domestic trendy products are highly favored, with sales and tax refunds of domestic technology products represented by smartphones and traditional domestic goods represented by silk and tea increasing exponentially. (Reporter Wang Guan)

Beijing, December 11 (Xinhua) -- Macro policies are an important means to safeguard the stable operation of the economy. The Central Economic Work Conference held on December 10-11 proposed to implement more proactive macroeconomic policies, and clarified the need to continue implementing more proactive fiscal policies and moderately loose monetary policies.

Doing a good job in next year's economic work, policy orientation is highly concerned. The meeting pointed out that next year's economic work should adhere to the policy orientation of seeking progress while maintaining stability, improving quality and efficiency, leveraging the integrated effect of stock policies and incremental policies, increasing countercyclical and cross cyclical adjustment efforts, and enhancing the effectiveness of macroeconomic governance.

The policy orientation for next year will release a clear signal of 'more proactive and promising', "said Yang Zhiyong, President of the China Academy of Fiscal Sciences. He stated that increasing macroeconomic policy regulation and enhancing policy foresight, targeting and coordination will better guide development expectations, promote the effective improvement of economic quality and reasonable growth in quantity, and lay a solid foundation for achieving a good start to the 15th Five Year Plan.

The meeting clarified the direction of fiscal policy, including maintaining necessary fiscal deficits, total debt scale, and total expenditure, and strengthening scientific fiscal management.

Yang Zhiyong stated that China will continue to implement a more proactive fiscal policy next year, which is consistent with this year's fiscal policy orientation. The fundamental and important pillar role of finance in national governance will be further played. Arrangements such as "strengthening scientific management of finance" will more fully unleash and enhance the effectiveness of fiscal policies, better safeguard economic operations, and promote the achievement of economic growth goals.

In terms of monetary policy, the meeting also made clear arrangements: "promoting stable economic growth and reasonable price recovery as important considerations of monetary policy", "flexibly and efficiently using various policy tools such as reserve requirement ratio cuts and interest rate cuts", "guiding financial institutions to increase support for key areas such as expanding domestic demand, technological innovation, and small and medium-sized enterprises"

These arrangements demonstrate the continuity and stability of macro policies, which are conducive to stabilizing social expectations and boosting market confidence. "In the view of Tian Xuan, Dean of the National Institute of Finance at Tsinghua University, a moderately loose monetary policy can help maintain relatively loose social financing conditions, and can also better cooperate with more proactive fiscal policies to enhance the consistency and effectiveness of macro policy orientation.

Finance is the lifeblood of the real economy. Tian Xuan stated that the meeting clarified the focus of financial support, which is conducive to continuously optimizing the investment direction of funds, increasing support for the development of the real economy, and continuously enhancing the endogenous driving force for high-quality development.

New Development Bank President Rousseff, World Bank President Peng Anjie, International Monetary Fund President Georgieva, World Trade Organization Director General Ivira, United Nations Conference on Trade and Development Secretary General Greenspan, International Labour Organization Director General Hongbo, Bank for International Settlements General Manager De Coase, Financial Stability Board Chairman Bailey, AIIB President Jin Liqun, and OECD Deputy Secretary General Rujichka attended.

New Development Bank President Rousseff, World Bank President Peng Anjie, International Monetary Fund President Georgieva, World Trade Organization Director General Ivira, United Nations Conference on Trade and Development Secretary General Greenspan, International Labour Organization Director General Hongbo, Bank for International Settlements General Manager De Coase, Financial Stability Board Chairman Bailey, AIIB President Jin Liqun, and OECD Deputy Secretary General Rujichka attended. Photo by Xinhua News Agency reporter Huang Jingwen

 The theme of this dialogue is "Discussing Global Governance and Seeking Global Development Together", which aims to further consolidate broad consensus, promote coordinated and effective actions by all parties, build a more just and reasonable global governance system, and promote common development.

Li Qiang stated that the world economy in 2025 can be described as fluctuating and tortuous, struggling to move forward in the face of headwinds. The emergence of some new situations and trends has put forward urgent needs for reforming and improving global economic governance, and maintaining the international economic and trade order. Open cooperation is a key entry point and an important path for implementing global governance initiatives. Only open cooperation can create greater incremental space, maintain stable and smooth supply chains, and accelerate technological and industrial upgrading. We should increase mutual market opening, avoid politicizing and securitizing economic and trade issues, strengthen innovative international cooperation, and jointly cultivate and strengthen new driving forces for development.

Li Qiang emphasized that China has always been a firm practitioner and promoter of open cooperation. This year, the Chinese economy has made progress under pressure and achieved new development results. We are confident and capable of completing the annual economic and social development goals and tasks. Not long ago, the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China approved the proposal for the "15th Five Year Plan" and made strategic plans for China's development in the next five years. The Chinese economy will maintain a steady and positive momentum, the total economic output will reach a new level, industrial upgrading will create new development space, and the demand for ultra large scale markets will be accelerated. The door of China's opening up will continue to widen, and more foreign companies are welcome to come to China to explore the market.

Li Qiang expressed that China is willing to work with all parties to build a mutually beneficial and win-win international economic and trade pattern, promote the deepening of economic globalization, enhance the authority and effectiveness of multilateral mechanisms, and gather greater forces to promote common development. China will continue to actively undertake international obligations that match its own capabilities, constructively participate in international exchanges and cooperation, provide more public goods, and contribute greater strength to promoting the healthy and stable development of the world economy.

The head of an international economic organization stated that in the past year, China's economy has maintained steady growth and made significant contributions to global economic growth. China's 15th Five Year Plan is highly aligned with international economic and trade growth, injecting confidence and new momentum into global development. China firmly supports multilateralism, supports the development of the global South, promotes the construction of a community with a shared future for mankind, and sets an example for the world. All parties are willing to strengthen communication and cooperation with China in areas such as trade and investment, green development, artificial intelligence, livelihood and employment, financial stability, and sustainable development, uphold multilateralism and the free trade system, and jointly promote global economic development.

Wu Zhenglong participated in the above-mentioned activities.

Beijing, December 11 (Xinhua) -- On the afternoon of the 10th, He Lifeng, member of the Political Bureau of the Communist Party of China Central Committee and Vice Premier of the State Council, met with Georgieva, President of the International Monetary Fund, at the Great Hall of the People. The two sides exchanged views on the current international economic and financial situation, and continued to strengthen cooperation.

He Lifeng stated that since the beginning of this year, the Chinese economy has been running steadily and steadily, and he is confident and capable of maintaining sustained and healthy economic development. He hopes that the IMF will continue to play a positive role, support the multilateral trading system, further deepen cooperation with China, and add new vitality to the development of the Chinese economy and the world economy.

Georgieva said that IMF appreciates China's positive contribution to the world economy, thanks China for its strong support for the establishment of the Shanghai center of IMF, and is willing to continue to strengthen cooperation with China.