Core Viewpoint - The recent meeting of the new Chief Economist (Development Strategy) Professional Committee highlighted a strategic upgrade from "short-term stability" to "long-term mechanism building" in China's economic policy for 2026 [2][4]. Group 1: Policy Focus - The policy emphasis is shifting away from large-scale stimulus towards institutional reforms and structural optimization, focusing on "domestic demand-led," "innovation-driven," and "safety baseline" as a three-pronged approach [2][4]. - Key issues are being addressed with precise measures, such as stimulating private investment, clearing overdue payments, and strictly controlling local hidden debts [2][4]. - The meeting underscored the importance of legal guarantees (e.g., unified market regulations), systemic coordination (urban-rural, industrial, and open linkages), and diversified security (economic, livelihood, ecological, and demographic) [2][4]. Group 2: Economic Work Outlook - The overall policy tone of the meeting is based on "stability while seeking progress," with an added focus on "quality improvement and efficiency enhancement" [2][4]. - For the upcoming economic work, the meeting continues to prioritize "stability," but emphasizes enhancing policy foresight, targeting, and coordination, while continuously expanding domestic demand and optimizing supply [2][4]. - Compared to last year's meeting, which stressed maintaining stable economic growth and overall stability in employment and prices, this year's meeting places greater emphasis on achieving qualitative improvements and reasonable quantitative growth alongside high-quality development [2][4].
长城证券汪毅入选新一届首席经济学家(发展战略)专业委员会并担任委员