Core Viewpoint - The article discusses the need to effectively release domestic demand potential in the second half of the year, emphasizing the importance of stabilizing employment, enterprises, markets, and expectations to achieve economic growth targets [3][5]. Economic Growth and Policy - China's GDP growth rate reached 5.3% in the first half of the year, with final consumption contributing approximately 52% to economic growth, highlighting domestic demand as the main driver [3]. - The focus for the second half of the year will be on maintaining policy continuity and stability while enhancing flexibility and foresight in macroeconomic policies [3][4]. - The government plans to accelerate the issuance of bonds and improve the efficiency of fund utilization, alongside implementing structural monetary policy tools to support economic recovery [3][4]. Consumer Demand and Spending - There will be a focus on implementing special actions to boost consumption, including policies like "trade-in" for consumer goods, with significant funding already allocated for this purpose [5]. - The government aims to enhance service consumption, which has strong employment absorption capacity and growth potential, by providing financial support and promoting new consumption models [5]. Fiscal Policy and Social Welfare - Fiscal spending is increasingly directed towards improving people's livelihoods, with significant growth in budget allocations for education, social security, and health care [6]. - Recent policies include raising basic pensions and implementing free preschool education to enhance residents' consumption capacity and willingness [6]. Urban Development and Infrastructure - The article emphasizes the importance of urban renewal as a means to stimulate domestic demand, with a focus on human-centered urbanization and infrastructure improvements [6]. - The government plans to support urban renewal projects through increased central budget investments and long-term special bonds [6]. Role of Major Economic Provinces - Major economic provinces are expected to play a crucial role in driving growth by accelerating the issuance and utilization of special bonds and leading in the development of new productive forces [7]. - The emphasis is on these provinces to take the lead in deep reforms and high-level opening up to stimulate effective investment [7].
21评论丨下半年如何有效释放内需潜力?
2 1 Shi Ji Jing Ji Bao Dao·2025-07-31 22:57