人民财评：“两新”精准，彰显宏观调控前瞻性有效性

Group 1 - In the first three quarters of this year, investment in equipment and tools increased by 14.0%, while the total retail sales of consumer goods reached 36.59 trillion yuan, growing by 4.5% year-on-year, indicating a strong synergy between investment and consumption that supports economic stability and quality improvement [1][2] - The contribution rate of final consumption expenditure to economic growth reached 53.5%, highlighting its role as a primary driver of economic growth [1] - The implementation of policies such as the old-for-new consumption scheme has effectively activated large-scale consumption potential, with over 10 million applications for automobile trade-in subsidies submitted by October 22 [1] Group 2 - The investment in equipment and tools has driven overall investment growth by 2.0 percentage points, with policy subsidies supporting approximately 8,400 projects and demonstrating a leverage effect of 1:5.3 [2] - Companies have directly benefited from policy incentives, as seen with Guangdong Midea Refrigeration Equipment Co., which received 60 million yuan in subsidies for equipment upgrades, resulting in improved production efficiency and reduced equipment failure rates [2] - The penetration rate of new energy passenger vehicles reached 57.8%, and sales of smart wearable devices and robotic vacuum cleaners increased by over 15% in September, indicating a shift towards digital and green consumption [1][2] Group 3 - The effectiveness of the "Two New" policies stems from their precise design and efficient implementation mechanisms, which ensure that policy benefits reach businesses quickly [3] - The policies are focused on both immediate demand expansion and long-term structural optimization, creating a virtuous cycle of supply quality improvement and demand expansion [3] - The ongoing implementation of these policies is expected to enhance the quality, structure, and efficiency of economic development, supporting the achievement of annual economic goals [3]