Core Viewpoint - The recent Central Economic Work Conference outlines the economic work for 2025 and 2026, emphasizing the need to maintain confidence and address challenges to ensure stable economic growth [1][2]. Group 1: Economic Performance and Goals - The major expected goals for economic and social development in 2025 are set to be achieved, with a projected GDP growth of around 5% [2]. - The "14th Five-Year Plan" is nearing completion, with significant achievements in overcoming challenges such as the pandemic [2]. - The conference acknowledges ongoing issues in economic development, including external environmental changes and domestic supply-demand imbalances [2]. Group 2: Key Principles for Economic Work - The conference introduces "Five Musts" for economic work: 1. Fully explore economic potential through innovation and investment [3]. 2. Combine policy support with reform to address intertwined economic issues [3]. 3. Balance deregulation with effective governance to enhance productivity [4]. 4. Integrate investments in physical and human capital for comprehensive development [4]. 5. Strengthen internal capabilities to face external challenges [5]. Group 3: Economic Policy Directions for 2026 - The focus for 2026 includes maintaining stable economic growth, ensuring employment and price stability, and promoting income growth alongside economic growth [6]. - A proactive fiscal policy will be implemented, maintaining necessary fiscal deficits and optimizing expenditure structures [6][7]. - A moderately loose monetary policy will be adopted to support stable economic growth and reasonable price recovery [7]. - Emphasis on policy consistency and coordination among various economic measures to enhance effectiveness [7]. Group 4: Key Tasks for Economic Development - The conference identifies eight key tasks for 2026, including: 1. Prioritizing domestic demand and building a strong domestic market [8]. 2. Accelerating innovation and fostering new growth drivers [8]. 3. Enhancing high-quality development through reform [8]. 4. Promoting open cooperation in various fields [8]. 5. Coordinating urban-rural integration and regional development [8]. 6. Leading green transformation through "dual carbon" initiatives [8]. 7. Focusing on improving people's livelihoods [8]. 8. Managing risks in key areas effectively [10]. Group 5: Employment and Risk Management - Employment remains a priority, with policies aimed at stabilizing job opportunities for key groups such as graduates and migrant workers [9]. - The conference stresses the importance of stabilizing the real estate market and managing local government debt risks [10].
中央财办有关负责同志详解中央经济工作会议精神
Sou Hu Cai Jing·2025-12-17 00:43