2024年12月中央政治局会议解读：更大力度稳预期

Economic Outlook - The 2025 GDP growth target is set at 5%, indicating a focus on sustained economic recovery[2] - Emphasis on proactive macro policies, including "extraordinary counter-cyclical adjustments" primarily through fiscal measures[2] Policy Measures - The meeting highlighted the need for "stabilizing expectations" and managing market sentiments in real estate and stock markets[2] - A call for "more proactive and effective macro policies" with an emphasis on fiscal policy being "more active" and monetary policy being "moderately loose"[2] Domestic Demand - A strong push to boost consumption as a key driver for economic growth, with investment strategies focusing on "effective benefits"[3] - The need to improve investment efficiency and promote green transformation to stabilize prices[3] Structural Reforms - The meeting underscored the importance of economic system reforms to enhance productivity and modernize the industrial system[3] - A commitment to regional strategic implementation to invigorate regional development and ensure social stability[3] Risk Factors - Potential risks include the possibility of growth policies not being implemented as expected and geopolitical uncertainties[3]