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21社论丨需重视发挥存量政策和增量政策集成效应
21世纪经济报道· 2025-12-09 00:34
Group 1 - The core viewpoint of the article emphasizes the need for a proactive fiscal policy and moderately loose monetary policy to enhance macroeconomic governance and stimulate economic growth in 2026 [1][2] - The focus will shift from "incremental" policies to a more integrated approach that combines both stock and incremental policies to optimize consumption and investment, thereby creating new growth momentum [1][2] - The meeting highlighted the importance of expanding domestic demand and optimizing supply as a strategic foundation for responding to international economic challenges [2][3] Group 2 - Key measures to stimulate private investment have been introduced, aiming to enhance market-driven effective investment growth [2] - The emphasis on "optimizing increment and revitalizing stock" is crucial, requiring the development of new productive forces and the upgrading of traditional industries to ensure stable economic growth [2][3] - Revitalizing idle and inefficient assets, such as underutilized land and vacant properties, is a priority, along with improving policies related to mergers, bankruptcies, and market exits to eliminate ineffective capacity [3]