Core Viewpoint - The article emphasizes the necessity of coordinating fiscal and monetary policies to achieve high-quality development in the context of China's economic transformation and external challenges [1][2][3]. Group 1: Importance of Policy Coordination - Fiscal and monetary policies are crucial pillars of the macroeconomic regulation system, creating a synergistic effect that enhances resource allocation efficiency and stimulates market innovation [2][3]. - The 2024 Central Economic Work Conference calls for a "combination punch" of policies, emphasizing the need for coordination among various economic policies to enhance their collective impact [2][3]. Group 2: Economic Transformation and Challenges - China's economy is transitioning from high-speed growth to high-quality development, necessitating a shift in traditional policy approaches to address complex economic conditions [3][4]. - The current economic structure transformation requires coordinated efforts from fiscal and monetary policies to overcome challenges such as insufficient investment in basic research and funding constraints for emerging industries [4][5]. Group 3: External Risks and Financial Stability - The rise of protectionism and unilateralism globally poses risks to China's industrial and supply chains, necessitating a coordinated policy response to maintain economic stability [5][6]. - Coordinated fiscal and monetary policies can create a dual defense for the economy, ensuring stability while enhancing resilience against external shocks [5][6]. Group 4: Social Welfare and Public Services - The transformation of social contradictions in China calls for coordinated fiscal and monetary policies to improve public service provision and address funding needs in critical areas like healthcare and elderly care [6][7]. - By optimizing resource allocation and enhancing service quality, coordinated policies can effectively meet the growing demands for a better life from the populace [7][8]. Group 5: Risk Prevention and Management - Coordinated fiscal and monetary policies are essential for preventing and mitigating financial risks, particularly in the context of systemic financial stability [8][9]. - The integration of data resources can enhance risk monitoring and early warning capabilities, allowing for timely interventions to prevent localized risks from escalating into systemic crises [9][10]. Group 6: Long-term Mechanisms and Emergency Response - Establishing long-term mechanisms for risk prevention involves reinforcing fiscal discipline and enhancing financial management to control debt levels [10][11]. - In the event of sudden economic shocks, coordinated policies can provide effective emergency responses, stabilizing market confidence and preventing systemic risk spread [10][11]. Group 7: Enhancing Policy Effectiveness - Strengthening the institutional foundation for policy coordination is vital, requiring top-level design to ensure unified policy goals and complementary tools [11][12]. - Innovation in policy tools is necessary to enhance the precision and effectiveness of fiscal and monetary policy coordination, particularly in supporting small and medium enterprises and green initiatives [12][13]. Group 8: Digital Transformation - Digital transformation plays a key role in improving the effectiveness of policy coordination, enabling better information sharing and risk management [13][14]. - The establishment of data platforms and collaborative regulatory systems can enhance the transparency and efficiency of fiscal resource allocation [13][14].
加强财政政策与货币政策协同赋能高质量发展(深入学习贯彻习近平新时代中国特色社会主义思想·学习《习近平经济文选》第一卷专家谈)
Ren Min Ri Bao·2025-04-29 22:31