经济日报：财政政策加大力度稳经济

Core Viewpoint - The Central Political Bureau emphasizes the implementation of an active fiscal policy to stabilize the economy, with increased spending planned for 2025 to support long-term economic development [1] Fiscal Policy and Economic Support - The Ministry of Finance plans to increase the fiscal deficit to 5.66 trillion yuan in 2025, aiming to boost economic growth [1] - Special local government bonds and ultra-long-term special treasury bonds will be issued rapidly to support infrastructure construction in transportation and energy sectors, promoting consumption growth [1] - Tax and fee reduction policies are designed to assist technological innovation and manufacturing development, with a reported reduction of 424.1 billion yuan in the first quarter of this year, significantly boosting sales growth in high-tech industries [1] Local Government Support - The central government's transfer payments to local governments will increase by 8.4%, enhancing local fiscal capacity and reinforcing support for livelihoods and employment [1] - This initiative aims to contribute to high-quality economic development [1] Economic Flexibility - The chief economist of Guohai Securities, Xia Lei, indicates that there is still room for macroeconomic policy adjustments, with the central government having significant borrowing capacity [1] - The government plans to flexibly adjust policies based on changing circumstances, fully leveraging fiscal counter-cyclical regulation to solidify the fundamentals of economic development and social stability [1]