Core Viewpoint - The article emphasizes the importance of maintaining stable economic operation in China, highlighting the innovative economic operation theory proposed by Xi Jinping, which aims to guide the country towards sustainable and healthy economic development in the face of complex domestic and international challenges [1][2]. Group 1: Economic Stability and Growth - Economic stability is a crucial indicator of a country's healthy development, and ensuring long-term stability through scientific macroeconomic regulation is a significant challenge for all nations [1]. - Since the 18th National Congress, China has established a macroeconomic regulation system that has effectively supported long-term high-speed growth, despite occasional fluctuations [2]. - The current economic environment presents unprecedented challenges, requiring a balance between maintaining stable growth and transitioning development methods [2]. Group 2: Policy Framework - The "stability and progress" principle is essential for economic work, where stability serves as the foundation for development, and policies should focus on stabilizing expectations, growth, and employment [4]. - Major policy deployments such as "six stabilities" and "six guarantees" have been introduced to create a favorable macroeconomic environment for high-quality development [4]. - The emphasis on innovation-driven development and structural optimization is crucial for enhancing economic quality and efficiency [4]. Group 3: Supply and Demand Dynamics - Coordinating supply and demand is vital for achieving dynamic balance in the economy, as imbalances can lead to economic disruptions [5]. - The shift in focus from demand management to a dual emphasis on both supply and demand reflects the changing economic landscape and the need for a more comprehensive approach to macroeconomic policy [5]. Group 4: Macroeconomic Regulation - The article discusses the need for innovative and adaptive macroeconomic regulation to address the complexities of the current economic environment [6]. - Key features of the new regulatory approach include long-term strategic planning, counter-cyclical adjustments, and precise policy implementation to enhance effectiveness [6]. Group 5: International Cooperation - The article highlights the importance of balancing domestic and international dynamics, advocating for a new development pattern that emphasizes domestic circulation while engaging in international cooperation [7][8]. - China's commitment to expanding high-level openness and fostering a cooperative international economic environment is underscored as a means to enhance resilience against external shocks [8]. Group 6: Economic Performance - China's GDP growth from 2012 to 2024 is projected to average 6%, significantly higher than the global average of 3.1%, indicating robust economic performance despite external challenges [11]. - The article attributes China's sustained economic stability to its scientific economic operation theory, which effectively addresses challenges that Western economic theories struggle to explain [12][14].

Core Viewpoint - The Chinese consumer market shows positive growth in the first half of the year, with retail sales of consumer goods increasing by 5.0% year-on-year, supported by various policies aimed at boosting domestic demand and consumption [1][2]. Group 1: Supply Side - Improving supply quality and optimizing the consumption environment are crucial for meeting the increasingly diverse and personalized consumer demands [2]. - The market should focus on consumer needs to enhance product quality, while the government must expedite the establishment of quality standards, credit constraints, and consumer protection systems [2]. Group 2: Demand Side - Enhancing consumer capacity and willingness to spend is essential, requiring measures to promote reasonable growth in wage income and broaden channels for property income [2]. - Addressing issues such as overdue payments and ensuring farmers' income growth are vital for continuously releasing consumption potential [2]. Group 3: Systematic Approach - Boosting consumption is a systematic project that requires collaboration from all parties to form a cohesive effort [2]. - Establishing a policy framework that aligns macroeconomic policies with consumption policies is necessary to create a more favorable environment for stimulating consumption [2]. - Focusing on industrial development, expanding consumption, and enhancing employment opportunities in key sectors will contribute to economic vitality [2].