陈彦斌：着力优化宏观经济结构 释放增长潜力

Core Viewpoint - The article discusses the unique and urgent nature of China's economic development strategy during the "15th Five-Year Plan" period, emphasizing the importance of macroeconomic policy formulation and implementation for the upcoming years [1]. Economic Performance - In the first three quarters of 2025, China's economic growth rate reached 5.2%, aligning closely with its potential growth rate, and the output gap has narrowed significantly compared to 2024 [1]. - The International Monetary Fund (IMF) predicts a global economic growth rate of 3.2% for 2025, a slight decline from 2024, while China's economy continues to outperform globally [1]. Industrial Resilience - China's industrial economy demonstrated resilience in 2025, with stable agricultural performance, strong industrial output, and a well-developed service sector, leading to continuous optimization of the industrial structure [2]. - The added value growth rate of large-scale equipment manufacturing and high-tech manufacturing approached 10%, showcasing robust industrial competitiveness [2]. Risk Management - Significant progress has been made in preventing and mitigating major risks, particularly in the real estate sector, which is showing signs of improvement [2]. - The article highlights the need to prioritize economic construction and maintain reasonable growth within the framework of high-quality development [2]. Policy Recommendations - Three key policy suggestions are proposed to enhance economic growth: 1. Strengthening supply-side advantages by optimizing the industrial system and promoting intelligent, green, and integrated development [3]. 2. Focusing on demand-side reforms to address consumption deficiencies, encouraging local governments to adopt diverse strategies to stimulate consumption [3]. 3. Upgrading the macroeconomic governance system to coordinate supply and demand, ensuring a balanced economic cycle [4].