新华全媒头条·聚焦中央经济工作会议｜推动经济实现质的有效提升和量的合理增长

Core Viewpoint - The Central Economic Work Conference held on December 10-11, 2025, emphasized the need for qualitative and effective economic growth while ensuring reasonable quantitative growth, setting the direction for China's economic focus in the "14th Five-Year Plan" period [1][2]. Economic Policy and Strategy - The conference highlighted the importance of fully tapping economic potential, balancing policy support with reform innovation, and integrating investments in both physical and human capital [2][3]. - A series of "musts" were proposed to guide economic work, reflecting a deepened understanding of economic operations under new circumstances [2][3]. - The conference called for a more proactive macroeconomic policy, emphasizing stability and quality improvement, and increasing counter-cyclical and cross-cyclical adjustments [4][5]. Domestic Market Development - Building a strong domestic market was identified as a strategic foundation for modernization, with a focus on enhancing domestic demand and addressing the current insufficient effective demand [7][8]. - Specific measures to boost consumption and investment were outlined, including increasing central budget investments and optimizing local government bond usage [7][8]. Innovation and New Growth Drivers - The conference stressed the need for innovation-driven growth, proposing the establishment of international technology innovation centers in key regions [9][10]. - It emphasized the importance of integrating technological and industrial innovation to enhance overall efficiency in the industrial system [9][10]. Reform and Opening Up - The conference underscored the necessity of deepening reforms to stimulate high-quality development, addressing systemic barriers, and promoting a unified national market [12][13]. - Specific measures for expanding service sector openness and enhancing digital and green trade were proposed [12][13]. Regional Development and Coordination - Promoting coordinated regional development and urban-rural integration was highlighted as essential for modernization, with a focus on county-level economic development [13][14]. - The conference called for strengthening cooperation among major urban clusters and enhancing the overall planning of coastal economies [13][14]. Green Transition - The conference outlined a commitment to a comprehensive green transition, emphasizing carbon reduction and environmental protection measures [15][16]. - Specific actions were proposed to improve energy efficiency and manage pollution, aiming for a balance between economic growth and environmental sustainability [15][16]. Social Welfare and Employment - The conference focused on improving people's livelihoods, with measures aimed at stabilizing employment for key groups and enhancing educational opportunities [17][18]. - It emphasized the importance of translating economic development outcomes into improved living standards for the populace [17][18]. Risk Management - The conference addressed the need to manage risks in key areas, particularly in the real estate market and local government debt [18][19]. - Specific strategies were proposed to stabilize the real estate market and mitigate local government debt risks, ensuring sustainable economic development [18][19]. Leadership and Governance - The conference stressed the importance of strong leadership in economic work, advocating for a unified approach to implementing economic policies [20][21]. - It called for a focus on performance metrics that prioritize public welfare and effective governance [20][21].