Beijing is poised to unveil a substantial economic stimulus package, potentially reaching trillions of yuan, as the government seeks to reinvigorate its flagging economy. Analysts anticipate the announcement this weekend, with estimates ranging from 2 to 10 trillion yuan ($282.8 billion to $1.4 trillion).

The package is expected to target domestic demand, bank recapitalization, and local government debt restructuring. Consumer-focused measures may include social welfare spending and trade-in programs, aiming to boost household spending.

While some experts argue for a bold 10 trillion yuan injection to combat deflation and restore investor confidence, others predict a more modest approach. The government may opt for phased announcements to avoid signaling severe economic issues.

The timing is crucial, with the finance ministry facing high expectations to deliver a convincing plan. Forward guidance for 2025 policies is anticipated, though specific details may emerge later at the National People's Congress standing committee meeting.