Core Viewpoint - The article emphasizes the importance of fiscal policy in boosting consumption and driving economic growth, highlighting the government's commitment to implement more proactive fiscal measures to expand domestic demand [3][5]. Group 1: Fiscal Policy and Consumption - Consumption is identified as the ultimate goal of economic activity and a key engine for economic growth, with the government prioritizing measures to stimulate consumption in its annual work tasks [3]. - The article discusses the need for a systematic fiscal policy approach to enhance consumption quality and upgrade the consumption structure [6]. Group 2: Structural Improvements - It is suggested to improve income distribution and social security systems to strengthen the foundation for resident consumption [7]. - The use of structural fiscal policy tools is recommended to tap into the potential of mass consumption and cultivate new growth points in service consumption [8]. Group 3: Addressing Challenges - The article notes that consumption potential has not been fully realized, with challenges such as a relatively single consumption structure and insufficient consumer confidence [9]. - It highlights the need for better allocation of fiscal resources to support consumption and address pain points that hinder consumption recovery [15][16]. Group 4: Enhancing Support for Key Groups - Increasing transfer payments and enhancing support for key groups are emphasized to alleviate residents' expected spending pressures [18]. - The article advocates for a balanced approach in the allocation of central budget investments and local government special bond funds to support economic development and public welfare [22]. Group 5: Financial Coordination - Strengthening the coordination between fiscal and financial policies is crucial for boosting consumer confidence through effective expectation management [23]. - The establishment of mechanisms for fiscal interest subsidies, risk compensation, and government guarantees is recommended to support specific consumption projects with low-interest financing [24].
【理响中国·经视图】更好发挥财政促消费的作用
Zhong Guo Jing Ji Wang·2025-10-28 02:07