专访朱光耀：看懂宏观经济政策的“积极有为”

Group 1 - The core viewpoint of the article emphasizes the need for a more proactive macroeconomic policy in response to current economic challenges, highlighting the importance of both active fiscal policy and moderately loose monetary policy as a combined strategy [1][2] - The former Vice Minister of Finance, Zhu Guangyao, pointed out that the fiscal deficit rate is projected to be around 4% by 2025, with local special bond issuance expected to reach 4.4 trillion yuan, alongside 1.3 trillion yuan in ultra-long-term special government bonds and 500 billion yuan in special bonds for hospitals, which provide a solid foundation for effective policy implementation [1] - Zhu also noted that the core objective of the moderately loose monetary policy is to address price issues, aiming to guide prices towards a reasonable range of around 2% [1] Group 2 - Zhu highlighted that the current Consumer Price Index (CPI) is slightly above 0, while the Producer Price Index (PPI) has been in negative territory for 38 consecutive months, adversely affecting macroeconomic operations, corporate profits, and fiscal value-added tax revenues [2] - The article discusses the importance of integrating short-term and long-term strategies in economic policy, as reflected in the central economic work conference's emphasis on "counter-cyclical" and "cross-cyclical" adjustments, which aim to address immediate issues while also planning for future development [2]