晶采观察丨180秒！从“五个必须”读懂明年经济怎么干

Core Insights - The central theme of the news is the strategic direction for China's economy in 2026, emphasizing the need to navigate complex domestic and international challenges while maintaining long-term growth potential [1][2]. Economic Situation Analysis - The meeting highlighted persistent old issues and new challenges in China's economic development, with deepening external environmental changes and prominent contradictions between strong supply and weak demand [1]. - The overall assessment indicates that despite these challenges, the fundamental conditions and trends supporting long-term economic growth remain unchanged [1]. Key Strategic Directions - The "Five Musts" are introduced as essential principles for economic work in 2026, which align with eight key tasks aimed at stimulating domestic demand and fostering innovation [2][3]. Must 1: Unlock Economic Potential - Emphasizes the importance of activating "incremental space" within the economy to create new opportunities and benefits, particularly through policies that support domestic demand and emerging industries [2]. Must 2: Policy Support and Reform Innovation - Highlights the dual approach of providing market support through subsidies and loans while fostering innovation to enhance product quality and affordability, particularly in sectors like new energy vehicles and smart home technology [2]. Must 3: Balance Between Flexibility and Regulation - Stresses the need for a dynamic market environment that encourages consumer choice while ensuring regulatory measures to maintain market order and prevent disruptions [2]. Must 4: Investment in Infrastructure and Human Capital - Advocates for increased investment in both physical infrastructure and human development, aiming to enhance living standards and educational equity, thereby boosting overall productivity [3]. Must 5: Strengthening Internal Capabilities - Focuses on the importance of solidifying domestic foundations and enhancing core competencies to effectively respond to external challenges, ensuring resilience in supply chains and industries [3]. Conclusion - The "Five Musts" are interconnected and aim to build confidence, leverage advantages, and address challenges, ultimately ensuring that economic growth benefits all citizens [3].