证券时报记者 贺觉渊 孙璐璐 江聃 近期，证券时报发起"时报经济眼：2025年四季度经济学家问卷调查"，受访者包括政府部门、研究机 构、知名院校的权威经济学家。 本期问卷邀请受访经济学家回顾2025年经济运行，展望2026年中国经济金融形势，为下一阶段宏观政策 施策建言。截至1月8日，共收集到61份答卷。人员构成上，受访者有35人来自金融机构，6人来自政府 部门，20人来自高校、智库以及非金融企业。 调查结果显示，受访经济学家对未来中国经济的预期进一步改善，"稳"成为受访者谈及今年经济形势预 期的高频词。多数受访者预计今年国际经贸形势对经济影响可控，我国物价水平将有所回升。受访者对 今年股市景气度的整体预期偏积极，A股成为过半数受访者看好的大类资产。受访者建议在新的一年谋 划更多稳楼市增量政策，可考虑建立全国性存量住房收购基金、继续降低存量房贷利率等举措。 对中国经济预期持续改善 （原标题：证券时报2025年四季度经济学家问卷调查显示：经济预期进一步改善 看好2026年A股表现） 新的一年，中国经济基础稳、优势多、韧性强、潜能大等长期向好的支撑条件和基本趋势没有改变。根 据问卷结果编制的2026年一季度"证券 ...

Group 1 - Over 80% of respondents believe that the economic growth rate in the second quarter will not be lower than 5%, with 48.3% expecting a growth rate between 5.0% and 5.2% [1] - Respondents anticipate that consumer sentiment will stabilize in the second half of the year due to policy support, while the real estate market sales may decline [1] - The stock and foreign exchange markets are expected to maintain resilience in the third quarter [1] Group 2 - The impact of the China-US trade negotiations on the Chinese economy is considered manageable by the respondents [1] - Recommendations include further strengthening and expanding the implementation of the consumption upgrade policy, such as increasing total quotas and including service consumption in subsidy ranges [1] - There is a general consensus among respondents on the urgency of developing a stable digital currency for the renminbi [1]