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政策双周报(2025年第8期):乘势而上,因势利导-20251111
Yin He Zheng Quan·2025-11-11 03:08

Group 1: Policy Overview - The "14th Five-Year Plan" proposal has been approved by the Fourth Plenary Session of the Central Committee[6] - The plan emphasizes addressing the North-South economic disparity for the first time[5] - The guiding principles of the "14th Five-Year Plan" include "1 guarantee," "2 promotions," "5 focuses," and "6 persistences"[20] Group 2: Fiscal Policy - From January to September 2025, fiscal revenue growth turned positive for the first time this year, with a growth rate of 0.3%[45] - Expenditure growth is stabilizing at a high level, with a rate of 7.9%[45] Group 3: Monetary Policy - The central bank continues to maintain a moderately loose monetary policy[4] - The Loan Prime Rate (LPR) remains unchanged as of July 2025[4] Group 4: Economic Indicators - The GDP growth target for 2025 is set at 5.0%[9] - The report indicates a steady recovery in fiscal operations, with balanced expenditure rhythms[4]