东方金诚首席宏观分析师王青：下半年宏观政策仍将保持稳增长取向

Core Viewpoint - The Central Political Bureau meeting emphasizes the need for sustained macroeconomic policies, with a focus on more proactive fiscal policies and moderately loose monetary policies to enhance policy effectiveness [1] Group 1: Macroeconomic Policy - The macroeconomic policy will continue to prioritize stable growth, despite a relatively strong economic performance in the first half of the year [1] - Fiscal policy will remain "more proactive," indicating a commitment to stimulate economic activity [1] Group 2: Potential Measures - There may be new significant measures introduced in the second half of the year to support growth, depending on actual economic conditions [1] - Potential measures include more aggressive interest rate cuts and a "three-pronged" approach to fiscal policy, which involves increasing the fiscal deficit ratio, issuing more long-term special government bonds, and raising the quota for new special bonds [1]