重要经济会议召开，对A股有什么影响？ 昨天，重要经济工作会议召开了，这次有个新提法，那就是投资于物和投资于人紧密结合，必须以苦练内功来应对外部挑战。 这个话怎么理解呢？因为过去的会议中，核心是基础设施建设，以及公共领域的支持，主要还是靠投资拉动经济为主，这次提到的投资 与物和人的紧密结合，就是说要投资和民生一起抓了，尤其在投资人上面要下功夫，毕竟人是消费的主体，只有大家都持续消费了，内 需才能起来，这样即便外部的出口出现冲击之时，我们强大的内需也能进行补充。 除了"投资于人"的新提法之外，还有个值得期待的政策，就是要制定实施城乡居民增收计划与推动投资止跌回稳，我的理解是，国家层 面也看到了内需不足的真正问题出在哪里了，就是人们的收入降低了，没有能力进行消费，这个时候的城乡居民增收计划就相当的及 时，增收计划不仅仅能够扩大普通人的收入，还能促进大家对未来收入的预期，这样大家才敢花钱消费，现在的问题是如何实施这个政 策呢，看看后续的相关细则怎么说。 对于推动投资止跌回稳，应该是改变对地方投资的相关政策，明年如果在这块上能够出现一些松动，不仅仅对经济止跌回稳能起到积极 作用，相信对消费的利好效果也会非常明显。 就一 ...

（原标题：中央经济工作会议将内需置于任务首位，首提城乡居民增收计划） 21世纪经济报道 记者周潇枭 见习记者张旭 北京报道 12月10日-11日，中央经济工作会议在北京召开。在部署明年重点经济工作中，内需被放在了首要位 置。 会议提出，坚持内需主导，建设强大国内市场。具体来看包括：深入实施提振消费专项行动，制定实施 城乡居民增收计划。扩大优质商品和服务供给。优化"两新"政策实施。清理消费领域不合理限制措施， 释放服务消费潜力。推动投资止跌回稳，适当增加中央预算内投资规模，优化实施"两重"项目，优化地 方政府专项债券用途管理，继续发挥新型政策性金融工具作用，有效激发民间投资活力。高质量推进城 市更新。 （资料图） 多位专家指出，"坚持内需主导，建设强大国内市场"位列明年八项工作任务首位，这意味着2026年经济 增长将更多依靠内需发力。此外，在投资端强调"止跌回稳"与"结构优化"，特别是城市更新、专项债用 途优化、新型政策性工具的组合使用，显示政府更注重有质量的投资扩张。 "十五五"期间如何提振消费？ 国家发展改革委主任郑栅洁在《人民日报》发表的署名文章《坚持扩大内需这个战略基点》指出，立足 当前，重点是优化环境 ...

Group 1 - The central economic work conference emphasized the importance of domestic demand and building a strong domestic market as the top priority for next year's economic tasks [1][2] - A new "urban and rural residents' income increase plan" was proposed, which is expected to have stronger binding force and accountability [1][2] - The current economic challenge is characterized by weak demand, with industrial inventories reaching 6.82 trillion yuan and accounts receivable at 27.69 trillion yuan as of October [2] Group 2 - Investment has shown negative growth, with fixed asset investment declining by 1.7% year-on-year from January to October, a situation not seen in decades [2] - The conference aims to "stop the decline and stabilize investment," highlighting the need for consumption to drive economic growth [2][5] - The proposed income increase plan is crucial as it will be treated as a legal obligation, requiring synchronization with national economic growth and labor productivity improvements [3] Group 3 - The importance of technological innovation in enhancing labor productivity was emphasized, noting that there is significant potential for improvement compared to developed countries [3] - Addressing residents' concerns about spending, such as housing, pension, and healthcare issues, is essential for boosting consumption [3][4] - The conference called for the removal of unreasonable restrictions in the consumption sector, particularly in housing, automotive, and healthcare, to unleash consumption potential [4] Group 4 - A shift in macroeconomic management from "loose regulation" to "active and effective regulation" reflects a deeper understanding of economic control [5] - The need for a favorable social environment for consumers was highlighted, with suggestions for government investment to enhance public confidence in consumption [5] - The transition of the income increase plan from a soft target to a hard accountability measure is expected to lead to tangible results in consumption and economic recovery next year [5]

Core Points - The Central Committee's proposal emphasizes the implementation of a plan to increase urban and rural residents' income and aims to promote a more equitable distribution structure, signaling a commitment to improving people's livelihoods and advancing common prosperity [1][2] Group 1: Economic Development Goals - The proposal includes synchronizing residents' income growth with economic growth as a primary goal for the 15th Five-Year Plan, reflecting a people-centered development approach [1] - The plan aims to maintain urban job creation at over 12 million annually and increase fiscal investment in the livelihood sector to nearly 100 trillion yuan during the 14th Five-Year Plan [1] Group 2: Income Distribution Structure - The proposal seeks to effectively increase the income of low-income groups, steadily expand the middle-income group, and reasonably adjust excessive incomes to form an olive-shaped distribution structure [2] - An olive-shaped distribution structure is characterized by a large middle class and smaller low and high-income groups, which is considered a healthier and more reasonable distribution model for modern society [2]

Core Points - The central viewpoint of the articles emphasizes the implementation of a plan to increase urban and rural residents' income and the promotion of an olive-shaped income distribution structure, signaling a commitment to improving people's livelihoods and advancing common prosperity in China [1][2] Group 1: Economic Development and Income Growth - The proposal includes synchronizing residents' income growth with economic growth as a primary goal for the 15th Five-Year Plan, reflecting a people-centered development approach [1] - The plan aims to maintain urban employment growth at over 12 million new jobs annually, contributing to income stability and economic development [1] - Fiscal investment in the livelihood sector is projected to reach nearly 100 trillion yuan during the 14th Five-Year Plan, indicating a strong commitment to improving public welfare [1] Group 2: Income Distribution Structure - The proposal aims to effectively increase the income of low-income groups, steadily expand the middle-income group, and reasonably adjust excessive incomes to form an olive-shaped distribution structure [2] - An olive-shaped distribution structure is characterized by a large middle class and smaller low and high-income groups, which is considered a healthier and more reasonable distribution model for modern society [2] - Promoting income growth and regulating income distribution is expected to enhance public welfare and promote fairness and justice, ensuring that the benefits of development are shared among the people [2]