China has held its annual Central Economic Work Conference in Beijing. Chinese leaders have charted economic plans for 2025. The leadership highlighted the year as pivotal in implementing China's 14th five-year plan, adding that China has progressed in high-quality development. The meeting also urged proactive macroeconomic policies to shore up domestic demand, integrate tech innovations into industries, and stabilize property markets. What is the current state of China's economy? What are the major tasks for next year?