中央政治局会议定调下半年工作，怎么干

Core Viewpoint - The Central Political Bureau of the Communist Party of China has decided to hold the Fourth Plenary Session of the 20th Central Committee in October, focusing on the formulation of the 15th Five-Year Plan for national economic and social development, while analyzing the current economic situation and deploying economic work for the second half of the year [1] Fiscal Policy - The meeting emphasized accelerating the issuance and utilization of government bonds to improve fund efficiency [1][5] - The focus of fiscal policy will be on the issuance and use of government bonds, with an expected increase in the pace of issuance [6][5] - The total new deficit, special bonds, and ultra-long special bonds for the year amount to 11.86 trillion yuan, with significant progress in issuance by mid-year [6] Monetary Policy - The monetary policy remains moderately loose, with an emphasis on promoting a decline in overall financing costs [1][5] - There is potential for further monetary easing through tools like reverse repos and MLF, with a focus on maintaining liquidity [5][6] - Structural monetary policy tools will continue to support key areas such as technological innovation and small enterprises [5] Domestic Demand - The meeting highlighted the need to effectively unleash domestic demand, with a focus on expanding consumption and fostering new growth points in service consumption [9][11] - The contribution of final consumption to GDP reached 52.3% in the second quarter, indicating a strong recovery in consumer spending [11] - Policies will be implemented to improve the income capacity of low- and middle-income families, thereby boosting consumption [12] Investment and Economic Growth - The meeting called for high-quality promotion of "two重" construction to stimulate private investment and expand effective investment [9][12] - There is an expectation for infrastructure investment to gain momentum in the second half of the year, with a focus on breaking down market barriers and optimizing the business environment [12] - The service sector is identified as a key area for consumption growth, with recommendations for policies to enhance service consumption [14]