Workflow
新华时评·年中经济观察丨充分释放财政政策推动高质量发展的效能
Xin Hua She·2025-07-25 13:36

Group 1 - The core viewpoint emphasizes the significant role of fiscal policy in macroeconomic regulation, particularly in the context of a sluggish global economic recovery, highlighting its importance in stabilizing the economy [1][2] - In the first half of the year, national general public budget expenditure exceeded 14 trillion yuan, a year-on-year increase of 3.4%, with social security and employment expenditure reaching 2.4504 trillion yuan, up 9.2% year-on-year [1] - The fiscal policy has shifted from "active" to "more active," with increased intensity and scale, including over 2 trillion yuan in new local government special bonds issued and 162 billion yuan allocated for long-term special government bond funds to promote consumption [1] Group 2 - There is a strong emphasis on enhancing support for education and technology, with expenditures in these areas growing by 5.9% and 9.1% year-on-year, respectively [2] - The fiscal policy aims to focus on weak areas and key links in economic and social development, optimizing fiscal policy supply to provide substantial financial and policy support for high-quality development [2] - The effectiveness of fiscal policy will be enhanced through better coordination with monetary, employment, industrial, and regional policies, ensuring a cohesive approach to policy implementation [2]