政策效应充分释放将持续巩固经济回升向好势头

Core Viewpoint - The Central Political Bureau of the Communist Party of China emphasizes the need for sustained and appropriately intensified macroeconomic policies to enhance economic resilience and vitality, with a focus on proactive fiscal and moderately loose monetary policies [1] Group 1: Fiscal Policy - The implementation of a more proactive fiscal policy will further enhance economic resilience, utilizing tools such as long-term special government bonds, government bonds, fiscal subsidies, and loan interest subsidies to support domestic demand and economic circulation [2] - The meeting highlighted the need to accelerate the issuance and utilization of government bonds to improve fund efficiency and ensure the basic livelihood of local governments [2] Group 2: Monetary Policy - A moderately loose monetary policy will further enhance economic vitality, with measures taken to ensure ample liquidity and lower financing costs for the economy [3] - The meeting emphasized the continued use of structural monetary policy tools to support key areas such as technological innovation, consumption, small and micro enterprises, and foreign trade [3] Group 3: Capital Market - The trend of stabilization and improvement in the capital market is expected to continue, supported by strong policy signals and measures to enhance the attractiveness and inclusiveness of the domestic capital market [4] - The ongoing macroeconomic policies will create a solid foundation for the stable operation of the capital market, reinforcing the upward momentum of the economy [4]