中国经济圆桌会聚焦四稳：以高质量发展的确定性应对各种不确定性

Core Viewpoint - The Chinese government is focusing on stabilizing employment, enterprises, markets, and expectations to ensure high-quality development in response to the rapidly changing external environment [1]. Group 1: Economic Measures and Support - Various measures to stabilize employment and promote high-quality development are being accelerated to support the economy amid external changes [2]. - The economy has shown resilience, with industrial production, service sector growth, domestic demand, and exports maintaining a rapid growth rate despite a complex external environment [2]. - Retail sales of home appliances and communication equipment have maintained over 20% growth in the first four months, with equipment investment increasing by 18.2% [2]. Group 2: Employment Stability - Employment measures have been effectively implemented, with urban employment steadily increasing and the urban survey unemployment rate averaging 5.2%, below the control target [3]. - A total of 35.2 billion yuan was allocated for employment stabilization funds in the first quarter, with 238 billion yuan spent on employment subsidies [3]. - The government is focusing on increasing job supply and supporting key groups in employment and entrepreneurship [3]. Group 3: Financial Support for Enterprises - The People's Bank of China has reduced the reserve requirement ratio by 0.5 percentage points and lowered policy interest rates to support financial stability for enterprises, especially small and medium-sized enterprises [4]. - By the end of April, the balance of inclusive small and micro loans reached 34.3 trillion yuan, growing by 11.9% year-on-year [4]. - The average interest rate for newly issued loans in April was approximately 3.2%, down 0.1 percentage points from March and 0.5 percentage points from the previous year [5]. Group 4: Domestic Demand Expansion - The government is committed to expanding domestic demand as a fundamental driver of economic growth, especially in the face of external uncertainties [6]. - Measures include enhancing service consumption, promoting automobile consumption, and improving consumption infrastructure [6]. - The government plans to issue 800 billion yuan in long-term special bonds to support infrastructure projects [7]. Group 5: Financial Policy Innovations - The scale of re-loans for technological innovation and transformation has been expanded from 500 billion yuan to 800 billion yuan, with a reduction in the re-loan interest rate [8]. - New policy tools are being introduced to support consumption and investment in key areas [8]. - The People's Bank of China emphasizes the need for timely implementation of innovative policy tools to ensure effective outcomes [8]. Group 6: Continuous Policy Improvement - The government is continuously enhancing the employment public service system and optimizing service delivery to stabilize employment [9]. - Efforts are being made to improve the efficiency of financial support for enterprises, particularly through simplified loan processes [11]. - The National Development and Reform Commission aims to enhance the effectiveness of macroeconomic policies through better coordination and monitoring [13].