Group 1 - The article discusses the macroeconomic impact of the "Spring Festival misalignment" effect, which is expected to significantly distort year-on-year data starting from early March when the economic data for January and February will be released [8] - It highlights the steady recovery of domestic production, with improvements in infrastructure construction and a slight decline in real estate transactions [16] - The article also notes the ongoing contradictions in the demands of the four parties involved in the Russia-Ukraine negotiations, indicating that the situation remains complex and unresolved [18] Group 2 - The article examines the implications of the "equal tariffs" signed by Trump on February 13, which introduces value-added tax considerations into the trade discussion [11] - It raises questions about the growth of tax revenue lagging behind GDP growth, suggesting a need for a more proactive fiscal approach in 2025 to reverse this trend [12] - The article emphasizes the importance of promoting the development of the private economy, detailing key points from past meetings that stress the need for reducing tax burdens and improving financing conditions for private enterprises [20][19]
申万宏观·周度研究成果（2.22-2.28）
赵伟宏观探索·2025-03-01 12:16