2025年两会要点

Economic Growth and Policy Goals - The GDP growth target for 2025 is set at "around 5%", consistent with the 2024 target, reflecting a long-term growth objective[9] - The fiscal deficit rate is projected to be around 4.0%, marking a significant increase from the previous years[20] - The total fiscal deficit is expected to reach 5.66 trillion yuan, up from 4.06 trillion yuan in 2024[7] Domestic Demand and Consumption - Expanding domestic demand is prioritized, with a focus on boosting consumption and improving livelihoods[34] - The report emphasizes the need to enhance residents' income, targeting a nominal growth of 5.3% in per capita disposable income for 2024[34] - The urban employment target for 2025 is set at over 12 million new jobs, maintaining a stable urban unemployment rate of around 5.5%[34] Innovation and Technological Development - The report highlights the importance of enhancing technological innovation efficiency and fostering new productive forces[38] - Investment in strategic emerging industries by central enterprises reached 2.7 trillion yuan in 2024, a year-on-year increase of 21.8%[46] Financial and Monetary Policy - The monetary policy is shifting towards "moderate easing" to support economic growth, with expectations for further reductions in reserve requirements[29] - The issuance of special government bonds is expected to reach 11.86 trillion yuan, a historical high, to support fiscal expansion[20] Risk Management and Stability - The report outlines measures to stabilize asset prices and improve social expectations amid economic uncertainties[6] - It emphasizes the need to address risks in key sectors to ensure a smooth transition between old and new economic drivers[6]