中央政治局会议定调财政新航向：以“更加积极”实现经济稳增长

Group 1 - The core viewpoint of the article emphasizes the Chinese government's commitment to a more proactive fiscal policy and moderate monetary policy for 2026, aiming to enhance macroeconomic governance and address economic recovery effectively [1][2] - The meeting highlighted the importance of precise and effective fiscal spending, focusing on structural adjustments to reduce inefficient expenditures and increase support for education, healthcare, and other social sectors [1][2] - The shift from "moderately forceful" to "more proactive" fiscal policy indicates a significant change in macroeconomic regulation, aiming to strengthen the economic recovery trend [1] Group 2 - The central economic work meeting has consistently deepened this policy framework throughout the year, elevating the focus from short-term pressure responses to a strategic approach that balances annual goals with long-term growth [2] - The proactive fiscal policy for 2025 is not seen as a temporary measure but as a strategic layout ahead of the 14th Five-Year Plan, aimed at addressing demand shortages and weak expectations through counter-cyclical adjustments [2] - Fiscal spending will prioritize technology, green initiatives, and public welfare, with a focus on addressing regional disparities and supporting low-income urban populations to achieve better living standards [2]