经济观察｜明年首要经济任务聚焦内需 中国打造强大国内市场

Core Viewpoint - The Central Economic Work Conference emphasizes the importance of domestic demand as a strategic foundation for China's economic stability and growth in response to external uncertainties [1][2]. Group 1: Domestic Demand and Economic Growth - The conference identifies "maintaining domestic demand as the main driver" as the top priority among eight key tasks for the upcoming year [1]. - In the first three quarters of 2025, final consumption expenditure contributed 53.5% to China's economic growth, an increase of 9 percentage points compared to the previous year [1]. - The focus on domestic demand is seen as crucial for addressing the challenges posed by a complex external environment and weak domestic demand [1][2]. Group 2: Strategies for Expanding Domestic Demand - The conference outlines specific actions to boost consumption, including implementing special initiatives to stimulate consumer spending and developing income increase plans for urban and rural residents [2]. - Experts suggest addressing constraints on consumer spending by increasing disposable income and removing unreasonable restrictions in the consumption sector [2]. - The conference highlights the need to enhance the supply of quality goods and services while also promoting investment stability and optimizing the management of local government special bonds [2]. Group 3: Supply and Demand Coordination - The conference advocates for a dual approach to stimulate both demand and supply, aiming to enhance residents' income and consumption capacity while expanding the supply of quality goods and services [3]. - This coordinated effort is expected to invigorate market activity and stabilize economic growth in the short term, while fostering a dynamic balance between demand-driven supply and supply-driven demand in the long term [3].