Group 1 - The core viewpoint is that the "14th Five-Year Plan" period presents multiple opportunities for China's economic growth, emphasizing the need to build a modern industrial system and activate diverse growth drivers to enhance potential growth levels [1][3]. - Experts highlight that technological innovation and deep urbanization will significantly contribute to future economic growth, with emerging companies like DeepSeek expected to proliferate and drive this growth [3]. - Structural reforms and the release of demographic quality dividends are also identified as potential growth points for the economy [3]. Group 2 - The implementation of the "14th Five-Year Plan" and proactive investment strategies are anticipated to inject lasting momentum into economic growth, supported by more active fiscal policies and moderately loose monetary policies [4][6]. - Recent macroeconomic policy adjustments have shown positive effects, including accelerated asset price restructuring and continuous improvement in corporate balance sheets, contributing to a gradual recovery in core CPI and the expansion of A-share asset scale [6][7]. - There is ample room for further monetary and fiscal policy adjustments, with the possibility of continued monetary easing in 2026 and an optimized local government balance sheet structure enhancing fiscal policy effectiveness [7]. Group 3 - To stimulate consumption, it is crucial to address the low structural proportion of terminal consumption, with policy funds directed towards breaking through this issue [9]. - Recommendations include increasing income for low- and middle-income groups and fostering developmental consumption through various fiscal measures, such as reallocating state-owned equity capital to social security funds [10]. - The development of the capital market is emphasized as a key focus during the "14th Five-Year Plan," with attention to integrating investment and financing, enhancing derivative markets, and improving the management of listed companies' market value [10].
“十五五”时期中国经济增长蕴含多重机遇!
Zhong Guo Zheng Quan Bao·2025-12-02 06:00