Core Viewpoint - The Chinese economy shows resilience but faces significant issues with strong supply and weak demand, necessitating structural measures to unleash consumer potential and expand effective investment to promote sustained economic recovery [1][2]. Group 1: Structural Countermeasures - The expansion of domestic demand policies this year has been extensive and impactful, yet problems of insufficient market demand, strong supply, and weak prices remain prominent [2]. - To stimulate consumer demand, it is suggested to implement counter-cyclical consumption stimulus policies, optimize the support range and structure for commodity consumption, and focus on subsidies in essential areas such as education, healthcare, and elderly care to boost consumer confidence [2]. - Effective implementation of a resident income growth plan is crucial to enhance social security and public service levels for low-income groups, thereby improving safety expectations and consumer confidence [2]. - Strengthening supply-side policies is necessary by reducing entry restrictions, optimizing regulatory policies, and enhancing domestic standards and brand development to expand the supply of quality services [2]. Group 2: Expanding Effective Investment - Alongside releasing consumer potential, there is a need to focus on expanding effective investment for a positive interaction between consumption and investment [3]. - A new model for urban and rural construction and real estate development should be established, moving away from large-scale, rough urban construction towards investments that enhance urban environments and housing quality, addressing demands for urban renewal and rural infrastructure improvements [3]. - There is a call to significantly boost private and foreign investment by deepening reforms, expanding openness, and improving the business environment to stabilize and enhance corporate expectations and confidence [3].
张军扩:长短兼顾标本兼治 持续有效扩大内需
Zhong Guo Zheng Quan Bao·2025-12-30 22:20