Core Viewpoint - The meeting of the Political Bureau of the Central Committee emphasizes the need for a stable yet flexible macroeconomic policy framework to address the complex domestic and international economic environment, aiming to achieve the goals set for the "14th Five-Year Plan" [2][5]. Group 1: Economic Policy Framework - The meeting highlights the importance of maintaining policy continuity and stability while also enhancing flexibility and foresight in macroeconomic policies [2][3]. - The shift in macroeconomic regulation from a focus on "cross-cycle adjustment" to a more dynamic balance and immediate response indicates a strategic evolution in policy-making [3][4]. - The concept of "flexibility" suggests that policies will be adjusted in real-time based on economic indicators, market sentiments, and external events, akin to a skilled helmsman navigating changing conditions [3][4]. Group 2: Policy Implementation and Effectiveness - The emphasis on "timely reinforcement" does not imply a return to strong stimulus measures but rather focuses on improving policy effectiveness through reforms and enhancing resilience in both domestic and international circulation [4][5]. - The approach of "timely reinforcement" involves precise and targeted policy interventions, reflecting a more proactive and artful macroeconomic management strategy [4]. - The anticipated future macroeconomic policies will exhibit greater "forecasting" and "fine-tuning," closely aligning with the actual economic pulse, including adjustments in fiscal, monetary, and industrial policies [4][5].
增强灵活性预见性,把握经济发展主动权 | 新京报社论
Xin Jing Bao·2025-07-30 14:39