学习笔记｜推动经济实现质的有效提升和量的合理增长

Core Viewpoint - The Central Political Bureau meeting emphasizes the need for a balanced approach to economic work in 2026, focusing on domestic and international economic dynamics, and aims for quality and reasonable growth during the "14th Five-Year Plan" period [1] Economic Performance - The meeting reports that the economic growth for the first three quarters reached 5.2%, laying a solid foundation for achieving annual targets [1] - The overall economic operation is stable, with steady progress in new productive forces and significant advancements in reform and opening up [1] Macroeconomic Policy - The meeting highlights the importance of a proactive fiscal policy and moderately loose monetary policy, continuing the "wide fiscal + wide monetary" approach [3] - Emphasis is placed on increasing counter-cyclical and cross-cyclical adjustments, indicating flexibility in macroeconomic policies based on actual economic growth and price levels [3] International Trade - The meeting underscores the significance of domestic and international dual circulation as the main driving force for economic work in the coming year, especially in light of increasing protectionism globally [2] - Despite uncertainties in international trade, China's exports showed resilience, with a cumulative growth of 6.2% in the first eleven months [2] Key Tasks - Eight key tasks have been outlined to leverage the positive momentum from the start of the "14th Five-Year Plan," focusing on investment to stimulate consumption and stabilize prices [4]