Core Viewpoint - The article discusses the strategic planning for the next five years and the economic measures for the second half of the year, emphasizing the need for effective implementation of existing policies and the potential introduction of new policies to stimulate economic growth [1][4][5]. Economic Policy Direction - The Central Political Bureau meeting highlighted the need for macroeconomic policies to continue to exert force and to be timely and effective, with a focus on "implementation" and "fully releasing policy effects" [1][5]. - Fiscal policy will prioritize accelerating government bond issuance and improving fund utilization efficiency, while monetary policy aims to lower overall financing costs and utilize structural monetary policy tools effectively [1][6]. Consumer Demand and Investment - The meeting emphasized the importance of effectively releasing domestic demand potential, implementing actions to boost consumption, and fostering new growth points in service consumption [1][10]. - The contribution of final consumption to GDP reached 52.3% in the second quarter, indicating a strong reliance on subsidies for consumption growth, particularly in the "old-for-new" replacement category [11]. Key Focus Areas for the Second Half - Three main tasks were outlined to effectively release domestic demand potential: 1. Implementing actions to boost consumption while fostering new growth points in service consumption [10][11]. 2. Expanding consumption demand through improvements in living standards, particularly for low- and middle-income families [12]. 3. Promoting high-quality infrastructure construction to stimulate private investment and effective investment [13]. Service Consumption Insights - Service consumption is identified as a critical area for boosting overall consumption, with a need for targeted measures to address challenges such as income stability and supply shortages [13][14]. - Specific recommendations include shifting subsidies from goods to services, optimizing labor rights and vacation policies, addressing educational issues for migrant workers' children, and enhancing public investment in service quality [15].
中央政治局会议定调下半年工作,怎么干
21世纪经济报道·2025-07-30 16:00