完善政策工具箱 必要时及时出台实施——国家发展改革委解读当前经济热点

Economic Overview - China's economy shows stable growth despite complex external conditions, with a notable increase in domestic demand and diversified external markets. In the first four months, the total retail sales of consumer goods reached 16.2 trillion yuan, a year-on-year increase of 4.7%, and online retail sales of physical goods grew by 5.8% [2] - Fixed asset investment continues to expand, with manufacturing investment growing rapidly. In April, the total import and export volume increased by 5.6% year-on-year, with exports growing by 9.3% [2] - High-tech manufacturing and equipment manufacturing sectors are experiencing significant growth, with server production nearly doubling and industrial robot production increasing by 51.5% in April [2] Policy Measures - The National Development and Reform Commission (NDRC) plans to implement various measures to stabilize employment and promote high-quality economic development, with most policies expected to be in place by the end of June [2] - The NDRC is focusing on "hard investment" and "soft construction" for major projects, with over 700 billion yuan in special bonds allocated for 2024 and nearly 500 billion yuan for 2025 to support significant infrastructure projects [3] Foreign Investment - The NDRC aims to enhance foreign investment confidence through four key strategies: revising the encouraged foreign investment industry catalog, developing policies to support reinvestment by foreign enterprises, facilitating major foreign investment projects, and conducting special actions to assist foreign enterprises [4][5] - The revised catalog will include high-end manufacturing and digital economy sectors, reflecting the interests of various stakeholders [4] Business Environment Improvement - The NDRC is committed to improving the business environment to boost social confidence and market vitality. This includes streamlining market access, enhancing financing support for small and micro enterprises, and addressing overdue payments to businesses [6] - The implementation of the Private Economy Promotion Law is a priority, with efforts focused on legal education, policy support, and addressing concerns of private enterprises [6]