Employment Situation - In the first half of the year, 6.95 million new urban jobs were created, achieving 58% of the annual target, indicating a faster-than-expected progress [1] - The urban survey unemployment rate has steadily declined, reaching 5% in June, with an average of 5.2% from January to June, which is below the regulatory target [1] - Despite these positive indicators, employment pressure remains significant due to structural imbalances in labor supply and demand, particularly a talent gap of nearly 30 million in key manufacturing sectors [1] Role of Private Enterprises - Private enterprises are crucial for stabilizing employment, providing 80% of urban jobs and absorbing over 70% of rural labor transfers, with 90% of new jobs created in this sector [2] - There is a need to optimize the business environment for private investment and remove systemic barriers to encourage market expansion and job creation [2] - Support measures for enterprises that stabilize job creation include social security subsidies, tax reductions, and low-interest loans [2] Graduates and Employment - The number of college graduates is expected to exceed 12 million by 2025, necessitating the expansion of market-oriented employment channels and stabilization of public job positions [3] - Policies to incentivize organizations hiring recent graduates include one-time employment subsidies, and state-owned enterprises will continue to benefit from policies promoting job creation [3] - There is a focus on adjusting professional structures and enhancing students' professional and entrepreneurial skills to reduce structural employment conflicts [3] Support for Vulnerable Groups - There is an emphasis on strengthening employment support for vulnerable groups through improved public service systems and various financial incentives [4] - Initiatives include creating or purchasing public welfare jobs and providing assistance to older individuals, the disabled, and those long-term unemployed to prevent zero-employment households [4] - The government aims to promote lifelong learning and digital skills training to better align job seekers with market demands [4]

Group 1: Economic Measures and Support - The fourth batch of 690 billion yuan "national subsidies" will be allocated in October, completing the annual plan of 300 billion yuan [1] - In the first half of the year, China's retail sales of consumer goods increased by 5% year-on-year, significantly supported by the "national subsidy" policy, with home appliances and audio-visual equipment retail sales up by 30.7% and communication equipment retail sales up by 24.1% [1] - The "two重" construction project list of 800 billion yuan has been fully allocated, with 735 billion yuan of central budget investment also largely disbursed [1] Group 2: Employment and Economic Stability - The contribution rate of domestic demand to GDP growth is 68.8%, indicating strong resilience in the economy, with external trade also showing robust performance [2] - The National Development and Reform Commission (NDRC) will continue to implement measures to stabilize employment and the economy, ensuring policy continuity and flexibility [2] - The NDRC aims to enhance economic monitoring and forecasting, and improve policy tools to stabilize employment and expand domestic demand [2] Group 3: Consumer Spending Initiatives - Service consumption has been rising, with notable successes in cultural tourism and domestic products, prompting the NDRC to focus on enhancing consumer capacity and promoting high-quality development [3] - The NDRC plans to cultivate new growth points in service consumption, particularly in cultural tourism, sports events, and essential life services [3] - Efforts will be made to optimize consumption functions and infrastructure to encourage consumer willingness and investment [3] Group 4: Market Integration and Competition - The national unified market construction has shown significant results, with inter-provincial trade sales accounting for 40.4% of total sales revenue, up by 0.6 percentage points year-on-year [4] - The NDRC will develop an action plan to further advance the construction of a unified national market [4] - The NDRC emphasizes the need to manage competition effectively, particularly in emerging sectors, while preventing blind following and excessive competition [5][6] Group 5: Private Sector Participation - The NDRC plans to accelerate the establishment of new policy financial tools to encourage greater participation of private enterprises in major national projects, particularly in the nuclear power sector [8] - There will be a focus on improving pricing mechanisms in transportation and energy sectors to enhance investment returns [8] - The NDRC will maintain regular communication with private enterprises to address challenges and promote healthy development [8]

Core Viewpoint - The National Development and Reform Commission (NDRC) is actively implementing measures to stabilize the economy and promote consumption, with significant funding allocations and policy initiatives aimed at enhancing domestic demand and supporting various sectors [3][5][8]. Funding and Investment - The fourth batch of 690 billion yuan in "national subsidies" will be allocated in October, completing the annual target of 300 billion yuan in funding [2][3]. - The "two重" construction project list totaling 800 billion yuan has been fully allocated, with 735 billion yuan of central budget investment also largely disbursed [4][5]. Economic Performance - In the first half of the year, China's retail sales of consumer goods grew by 5% year-on-year, significantly driven by the "old-for-new" consumption policy, with home appliances and audio-visual equipment sales increasing by 30.7% and communication equipment sales by 24.1% [3]. - Domestic demand contributed 68.8% to GDP growth, showcasing strong resilience in the economy [7]. Employment and Consumption Initiatives - The NDRC plans to introduce measures to stabilize employment and the economy, ensuring policy continuity and flexibility to convert external pressures into internal growth drivers [8]. - There will be a focus on enhancing consumer capacity and promoting service consumption, particularly in cultural tourism, sports events, and essential services like healthcare and childcare [10]. Market Development - The NDRC reported a 40.4% share of inter-provincial trade sales in total sales revenue, reflecting a 0.6 percentage point increase year-on-year, and an 18.2% year-on-year growth in cross-provincial electricity trading [12]. - The commission aims to deepen market-oriented reforms and improve the national unified electricity market system, while also addressing issues of disorderly competition among enterprises [16]. Private Sector Engagement - The NDRC is set to accelerate the establishment of new policy financial tools to encourage greater participation of private enterprises in major national projects, particularly in the nuclear power sector [18].

Group 1: Economic Measures and Funding - The National Development and Reform Commission (NDRC) will allocate the fourth batch of 69 billion yuan for the old-for-new consumption subsidy program in October, completing the annual target of 300 billion yuan [1] - The NDRC has fully disbursed the 69 billion yuan for the third batch of subsidies this year [1] - The NDRC has announced that the "two重" construction project list of 800 billion yuan has been fully allocated, with 735 billion yuan of central budget investment also nearly disbursed [6][7] Group 2: Artificial Intelligence and Market Development - The NDRC highlighted that there is a strong demand for the application of artificial intelligence, indicating a critical window for its implementation [2] - The NDRC is working on a plan to deepen the construction of a unified national market, with inter-provincial trade sales accounting for 40.4% of total sales revenue from January to April, an increase of 0.6 percentage points year-on-year [4] Group 3: Employment and Economic Stability - The NDRC reported that domestic demand contributed 68.8% to GDP growth in the first half of the year, showcasing strong economic resilience [3] - The NDRC plans to continue implementing measures to stabilize employment and the economy, enhancing policy continuity and flexibility [3] Group 4: Market Regulation and Competition - The NDRC will address disordered competition among enterprises and promote the cleaning up of market access barriers [5][10] - The NDRC aims to unify government behavior regarding investment attraction, clarifying encouraged and prohibited actions [10] Group 5: Consumer Spending and Service Sector - The NDRC will focus on enhancing consumer capacity and promoting service consumption in areas such as culture, tourism, sports, and healthcare [9] - The NDRC plans to implement measures to stimulate consumption, including promoting domestic products and improving consumption infrastructure [9] Group 6: Private Sector Participation - The NDRC will facilitate greater participation of private enterprises in national major projects, particularly in the nuclear power sector [11] - The NDRC is set to establish new policy financial tools to support private investment [11] Group 7: Energy Market Reforms - The NDRC is advancing the construction of a unified national electricity market, with significant progress made in optimizing electricity resource allocation [13][14] - The NDRC has established a basic unified technical rule system for the electricity market, with 25 provinces already conducting spot trading [14]

本报记者 杜雨萌 8月1日，国家发展改革委举行新闻发布会，解读当前经济形势和经济工作。针对7月31日国务院常务会议审议通过的《关 于深入实施"人工智能+"行动的意见》，国家发展改革委政策研究室主任、新闻发言人蒋毅称，下一步，国家发展改革委将会 同有关方面，注重让市场有方向、有信心，注重务实管用，深入实施"人工智能+"行动。 具体来说，一方面，大力推进人工智能规模化商业化应用，充分发挥我国产业体系完备、市场规模大、应用场景丰富等优 势，推动人工智能在经济社会发展各领域加快普及、深度融合，形成以创新带应用、以应用促创新的良性循环。另一方面，着 力优化人工智能创新生态，加大政策支持力度，夯实算力、算法、数据、开源、人才、安全等方面基础，加快形成动态敏捷、 多元协同的人工智能治理格局，更好支撑技术落地和产业发展壮大。 另据蒋毅介绍，今年第三批690亿元支持消费品以旧换新的超长期特别国债资金已下达完毕，将于10月份按计划下达第四 批690亿元资金，届时将完成全年3000亿元的下达计划。 蒋毅表示，下一步，国家发展改革委将会同财政部、商务部等部门，督促地方落实资金配套责任、细化资金使用计划，确 保资金有序均衡用到年底。同 ...

Group 1 - The National Development and Reform Commission (NDRC) will allocate the fourth batch of 69 billion yuan for the old-for-new consumption subsidy program in October, completing the annual target of 300 billion yuan [2] - The NDRC emphasizes that the current period is a critical window for the application of artificial intelligence, with strong demand from various sectors [3] - The NDRC plans to continue implementing measures to stabilize employment and the economy, maintaining policy continuity and flexibility to convert external pressures into internal growth drivers [4] Group 2 - The NDRC reports significant progress in the construction of a unified national market, with inter-provincial trade sales accounting for 40.4% of total sales from January to April, an increase of 0.6 percentage points year-on-year [5] - The NDRC will address disordered competition among enterprises and promote the establishment of a unified electricity market and integrated data market [6] - The NDRC has fully allocated the 800 billion yuan for the "two重" construction project list and aims to enhance project management and oversight [7] Group 3 - The NDRC is focusing on enhancing consumption capacity, particularly in cultural tourism, sports, and healthcare services, to stimulate consumer spending [9] - The NDRC will clarify government behaviors regarding investment attraction and address issues of disordered competition in various sectors [10] - The NDRC aims to encourage greater participation of private enterprises in major national projects, particularly in the nuclear power sector [11]

Core Insights - The National Development and Reform Commission (NDRC) highlighted the strong resilience of the economy in the first half of the year, with domestic demand contributing 68.8% to GDP growth, indicating its role as a key driver of growth [1][1][1] - The NDRC plans to implement measures to stabilize employment and the economy, ensuring policy continuity, stability, and flexibility to convert external pressures into internal momentum [1][1][1] - The NDRC will enhance economic monitoring and forecasting, regularly conduct policy research, and improve the toolbox for stabilizing employment and expanding domestic demand [1][1][1] Economic Performance - The economy demonstrated strong resilience in the first half of the year, with significant contributions from domestic demand and robust performance in foreign trade [1][1][1] - The equipment manufacturing sector continues to play a stabilizing role in the economy, while the modern service industry is accelerating its development [1][1][1] Future Outlook - The NDRC aims to maintain a stable employment situation and market expectations, striving for a reasonable recovery in price levels and optimizing economic growth [1][1][1] - There will be a focus on coordinating policies and work for the current and next year to ensure effective implementation of economic stabilization measures [1][1][1]

Core Viewpoint - The National Development and Reform Commission (NDRC) emphasizes the resilience of the economy in the first half of the year, highlighting the significant contribution of domestic demand to GDP growth and the robust performance of foreign trade [1] Economic Performance - Domestic demand contributed 68.8% to GDP growth, indicating its vital role in driving economic expansion [1] - The foreign trade sector demonstrated strong resilience, supporting overall economic stability [1] - The equipment manufacturing industry continues to play a crucial stabilizing role in the economy [1] - The modern service industry is accelerating its development, contributing positively to economic dynamics [1] Future Policy Directions - The NDRC plans to implement a series of measures to stabilize employment and the economy, ensuring policy continuity, stability, and enhanced flexibility and foresight [1] - There will be a focus on transforming external pressures into internal growth drivers to maintain overall economic stability [1] - The NDRC will strengthen economic monitoring, forecasting, and early warning systems, and will regularly conduct policy research and reserves [1] - The aim is to improve the policy toolbox for stabilizing employment and expanding domestic demand, aligning policies for the current and upcoming years [1] - Efforts will be made to stabilize employment, support enterprises, and manage market expectations, while striving for a reasonable recovery in price levels and optimizing economic growth [1]

Policy Focus - The government will strengthen economic monitoring, forecasting, and early warning systems [1] - The government will normalize policy research and reserve measures [1] - The government aims to improve the policy toolbox for stabilizing employment and expanding domestic demand [1] - Policies will be adjusted based on actual needs, coordinating efforts between the current and next year [1] Economic Goals - The government prioritizes stabilizing employment, businesses, and market expectations [1] - The government seeks to achieve a reasonable recovery in price levels [1] - The government aims for overall stability in social employment and optimized economic growth [1]

Group 1 - The core viewpoint emphasizes the importance of expanding job opportunities and improving job quality to support high-quality economic development [1][3] - Employment serves as a "barometer" for economic development and a "ballast" for social stability, with 6.95 million new urban jobs created in the first half of the year, achieving 58% of the annual target [1] - The urban survey unemployment rate in June was 5.0%, unchanged from the same period last year, indicating overall employment stability [1] Group 2 - Approximately 190 million business entities are crucial for stabilizing employment, necessitating macro policies that prioritize people's livelihoods and stimulate market vitality [2] - Policies such as social security fee reductions, employment subsidies, and skills enhancement subsidies are essential for supporting businesses and stabilizing jobs [2] - The integration of digital technology across industries has led to the emergence of new industries and employment models, with significant year-on-year recruitment growth in sectors like humanoid robots (398.1%), new materials (72.1%), and smart hardware (50.3%) [2] Group 3 - High-quality employment is defined not only by quantity but also by the continuous improvement of job quality, which allows individuals to realize their life values [3] - The ongoing advancement of manufacturing towards high-end, intelligent, and green practices requires a large number of skilled talents with international perspectives and innovative capabilities [3] - Organizing skill training in sectors with high employment capacity and significant supply-demand imbalances is essential for aligning labor structure with industrial upgrades [3]