Core Viewpoint - The article emphasizes the importance of implementing a more proactive fiscal policy to stabilize economic growth and enhance confidence amid external uncertainties and domestic demand weaknesses [3][4][5]. Group 1: Importance of Proactive Fiscal Policy - A more proactive fiscal policy is crucial for shaping economic growth paths and driving high-quality development, especially in the context of external environmental changes and domestic supply-demand imbalances [4]. - The shift from "active" to "more active" fiscal policy has led to historic breakthroughs in deficit rates and significant expansions in debt instruments, which will continue to enhance confidence in stable economic growth [4][5]. Group 2: Counter-Cyclical Regulation and Economic Confidence - The proactive fiscal policy serves as a core tool for counter-cyclical regulation, addressing multiple pressures such as demand shortages and supply shocks [5]. - By providing financial support to various micro-entities, the policy aims to alleviate cash flow issues and stimulate consumption and investment, thus countering risks from international economic fluctuations [5]. Group 3: Long-term Growth and Structural Adjustment - The fiscal policy aims to achieve both short-term stability and long-term structural adjustments, addressing investment gaps in high-risk and positive externality sectors [6]. - It focuses on reducing early risks in strategic emerging industries and compensating for underinvestment in areas like basic research and infrastructure, which are essential for innovation and economic resilience [6]. Group 4: Social Welfare and Security - The proactive fiscal policy prioritizes social welfare, enhancing public services in education, healthcare, and social security, which in turn boosts consumer confidence and spending [7][11]. - It also aims to mitigate risks in key areas, ensuring sustainable fiscal health while supporting economic development and social stability [7][12]. Group 5: Key Measures for Implementation - The article outlines that maintaining necessary fiscal deficits and enhancing market confidence in demand recovery are essential for economic stability [9]. - It emphasizes the need for optimizing fiscal expenditure structures to support both social welfare and innovation, ensuring effective resource allocation [10][11]. Group 6: Risk Management and Sustainable Development - Effective risk management is highlighted as a prerequisite for stabilizing confidence, with a focus on maintaining sustainable fiscal practices [12]. - The proactive fiscal policy aims to stabilize the real estate market and manage local government debt risks through targeted financial strategies [12]. Group 7: Fiscal and Tax System Reform - The article discusses the need for fiscal and tax system reforms to promote fair competition and long-term development capabilities [13]. - It emphasizes the importance of standardizing tax incentives and fiscal subsidies to support public welfare, technological innovation, and green transformation [13].
实施更加积极的财政政策 筑牢经济运行信心根基
Xin Lang Cai Jing·2025-12-21 21:43