政策专题：四月政治局会议有哪些要点？

Group 1: Policy Framework - The April Politburo meeting emphasized a policy tone that aligns with market expectations, highlighting "bottom-line thinking" and the need for proactive measures in response to potential risks [7][8] - The meeting reiterated the importance of timely implementation of established policies and the introduction of incremental reserve policies based on changing circumstances [7][8] Group 2: Fiscal Policy - The focus of fiscal policy is on the effective utilization of existing funds, with an emphasis on accelerating the issuance and use of local government special bonds and ultra-long-term special government bonds [9][10] - The total scale of new government debt for the year is projected to be 11.86 trillion yuan, an increase of 2.9 trillion yuan from the previous year [10][11] Group 3: Monetary Policy - The meeting indicated the creation of new structural monetary policy tools and new policy financial instruments to support technological innovation, consumption expansion, and stabilization of foreign trade [11][12] - The emphasis remains on maintaining liquidity and the potential for timely adjustments in interest rates and reserve requirements [11][12] Group 4: Domestic Demand Expansion - The meeting continues to prioritize consumption as the main driver for expanding domestic demand, with specific measures aimed at increasing the income of low- and middle-income groups and enhancing service consumption [13] - There is a potential for increased funding support and the optimization of policy implementation processes to include previously unqualified consumer goods in national subsidies [13]