Core Viewpoint - The recent Central Political Bureau meeting emphasizes the need for more proactive macroeconomic policies, signaling a commitment to strengthen counter-cyclical adjustments and stabilize the economy [1] Group 1: Macroeconomic Policy Implementation - The Central Committee has deployed a series of stock and incremental policies to promote economic recovery, indicating a positive start to the year [1] - The economic growth is showing a steady upward trend, but the foundation for sustained recovery needs further stabilization due to increasing external shocks and uncertainties [1] - The government is urged to act quickly and effectively in macroeconomic regulation to meet economic and social development goals [2] Group 2: Fiscal and Monetary Policy Measures - Fiscal policy has been proactive this year, with significant support for key projects and policies aimed at boosting consumption and investment [2] - The issuance of special long-term bonds and increased funding for consumption policies are part of the strategy to enhance domestic demand [2] - The People's Bank of China has intensified macroeconomic control by implementing a series of monetary policy measures, including lowering reserve requirements and interest rates to support stable growth [3] Group 3: Policy Coordination and Effectiveness - There is a strong emphasis on the coordination of fiscal, monetary, employment, industrial, and regional policies to enhance overall effectiveness [4] - The government aims to stimulate consumption through financial support and incentives, while also increasing effective investment through various funding mechanisms [4] - The resilience and potential of the Chinese economy are highlighted, with a focus on stabilizing employment, businesses, and market expectations to navigate external uncertainties [4]
加紧实施更加积极有为的宏观政策
Jing Ji Ri Bao·2025-06-01 22:25