Group 1 - The potential for domestic demand in China is significant, and effective policies are needed to release it [1] - Three policy areas are suggested to stimulate consumption: counter-cyclical consumption stimulus, improving social security for low-income groups, and enhancing supply-side policies [1][2] - Emphasis on supporting service consumption, particularly in education, healthcare, elderly care, and childbirth, through increased government subsidies [1] Group 2 - Investment demand remains substantial and requires institutional and policy innovation to support it [2] - Key to stabilizing effective investment is to achieve a recovery in the real estate market, which involves resolving structural contradictions and restoring market confidence [2] - Significant investment potential exists in traditional industry upgrades, strategic emerging industries, and infrastructure projects such as urban renewal and major safety engineering [2] Group 3 - Policies to stabilize expectations and invigorate private enterprises need to be effectively implemented [3] - The introduction of the Private Economy Promotion Law should be accompanied by clear implementation guidelines and reduced discretionary power in enforcement [3] - There is a need to enhance the consistency and coordination between non-economic policies and macroeconomic policies to avoid disruptions in economic activities [3]
充分有效释放居民消费需求潜力需从三方面政策发力
Zhong Guo Zheng Quan Bao·2025-09-28 20:45