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2025年三季度经济学家问卷调查显示 股市汇市“双韧性”成共识 财税改革最受期待
Zheng Quan Shi Bao·2025-10-16 18:37

Group 1 - The survey conducted by Securities Times aims to gauge the economic outlook for Q4 2025, with responses from 61 economists from various sectors, including financial institutions and government [1] - A majority of respondents (54.1%) expect China's GDP growth in Q3 to be between 4.8% and 5%, reflecting a positive sentiment towards economic recovery [2] - The survey indicates that over 85.2% of respondents rated the Q3 stock market performance positively, with scores of 4 or 5 out of 5 [2] Group 2 - For Q4, the economic outlook remains optimistic, with 95.1% of respondents rating the stock market's potential positively, indicating a strong expectation for market resilience [4] - The survey shows that 63.9% of respondents anticipate the annual CPI increase to be between 0% and 0.2%, suggesting stable price levels [4] - Nearly 88.5% of respondents expect the RMB to USD exchange rate to remain between 7.0 and 7.2, indicating confidence in currency stability [5] Group 3 - Respondents expressed a strong desire for reforms in fiscal and tax systems, income distribution, and social security during the upcoming "15th Five-Year Plan" period, highlighting these areas as critical for future economic development [7] - The survey indicates a call for accelerating the implementation of new policy financial tools to boost effective investment, with 57.4% of respondents advocating for faster rollout [6] - Over 62.3% of respondents suggest enhancing legal frameworks to combat "low-price dumping" and "malicious competition" as part of ongoing efforts to address "involution" in various industries [6]