高培勇：提高宏观调控的前瞻性有效性针对性

Core Viewpoint - The external environment poses new and higher demands on China's macroeconomic regulation, especially in the context of the trade and tariff wars initiated by Trump, necessitating a focus on improving the foresight, effectiveness, and targeting of macroeconomic policies [2] Group 1: Complexity of Current Economic Challenges - The difficulties and challenges in the current economic operation are more complex than in the past, primarily due to weak expectations leading to insufficient effective demand, which in turn causes social supply-demand imbalances [3] - The current macroeconomic issues are dual in nature, involving both the "old" problem of insufficient demand and the "new" problem of weak expectations, requiring simultaneous attention to both aspects in macroeconomic regulation [3] Group 2: Dual Objectives of Macroeconomic Regulation - The dual objectives of macroeconomic regulation must focus on both expanding demand and stabilizing expectations, with the latter supporting the former [4] - It is essential to analyze measures that relate to both demand expansion and expectation stabilization, ensuring that macroeconomic operations are not simplistically equated to demand expansion alone [5] Group 3: Policy and Reform as Dual Engines - Macroeconomic regulation relies on both policy adjustments aimed at expanding demand and reform actions focused on stabilizing expectations, necessitating a dual approach [6] - Policy adjustments play a supportive role in stabilizing expectations, while comprehensive reforms provide the necessary institutional mechanisms to achieve this stability, highlighting the importance of both in addressing current economic challenges [6]