Group 1: Fiscal Policy and Economic Growth - China's fiscal policy has shifted to a more proactive stance, with increased funding and support aimed at stimulating consumption and investment [2][3] - The government has allocated 300 billion yuan in special bonds to support the consumption upgrade policy, which is an increase of 150 billion yuan from the previous year [2] - In the first half of the year, over 66 million consumers participated in the consumption upgrade program, purchasing more than 109 million units of 12 categories of home appliances [2] Group 2: Investment in Infrastructure and Technology - The Guangdong Shantou International Textile City project received 190 million yuan in local government special bond funding, facilitating its progress [3] - The government has arranged 200 billion yuan in long-term special bonds for equipment upgrades, which is an increase of 50 billion yuan from last year, benefiting approximately 7,500 projects [5] - The Shandong Province New Momentum Fund has invested over 30 billion yuan in more than 390 projects in digital economy and artificial intelligence sectors [7] Group 3: Support for Employment and Livelihood - In Nanchong City, 1.14 billion yuan in entrepreneurial guarantee loans were issued, supporting 378 individuals to start businesses and creating 27,500 jobs [8] - Nationally, social security and employment expenditures reached 24,504 billion yuan, a year-on-year increase of 9.2% [9] - The focus on enhancing the quality of life through fiscal spending is expected to stimulate economic growth and create a positive cycle between economic development and livelihood improvement [9]
年中经济观察丨财政政策发力显效 “真金白银”惠企利民——中国经济年中观察之九
Xin Hua Wang·2025-08-12 06:21