2025.08. 19 本文字数：2454，阅读时长大约4分钟 作者 | 第一财经 祝嫣然 面对7月份经济数据的短期波动，宏观政策将适时加力。 据新华社消息，国务院总理李强8月18日主持召开国务院第九次全体会议，强调要切实把思想和行动 统一到党中央对形势的科学判断和决策部署上来，巩固拓展经济回升向好势头，努力完成全年经济社 会发展目标任务。 做强国内大循环 今年上半年中国经济顶住压力平稳运行，实现了5.3%的增速。7月份，国际环境复杂严峻，国内部分 地区出现高温、暴雨洪涝等极端天气，对经济运行造成了短期冲击。 国家统计局日前发布的7月份经济数据显示，社会消费品零售总额、固定资产投资、规模以上工业增 加值等增速均较6月份有所放缓。 国务院第九次全体会议强调，要进一步提升宏观政策实施效能，深入评估政策实施情况，增强政策针 对性有效性，及时回应市场关切，稳定市场预期。要抓住关键着力点做强国内大循环，以国内大循环 的内在稳定性和长期成长性对冲国际循环的不确定性。 近几个月来，国务院已多次部署做强国内大循环。5月15日，国务院召开做强国内大循环工作推进 会。7月16日召开的国务院常务会议再次强调，做强国内大循环是推动经 ...

Group 1 - The core focus of the recent State Council meeting is to stimulate consumption potential, expand effective investment, and stabilize employment to ensure the well-being of the population [2][4] - The meeting emphasizes the need for strong macroeconomic policies to counteract short-term economic fluctuations and to maintain the momentum of economic recovery [3][4] - The government aims to strengthen domestic circulation to mitigate uncertainties in international markets, with recent data showing a slowdown in retail sales and fixed asset investment growth [3][6] Group 2 - The meeting outlines specific measures to boost consumption, including the removal of restrictive measures in the consumption sector and the promotion of new growth points in service and new consumption [4][5] - Investment remains crucial for stabilizing growth, with a focus on enhancing private investment and improving the policy environment for private enterprises [5][6] - Recent statistics indicate a 3.9% increase in private project investment (excluding real estate) from January to July, with notable growth in sectors such as accommodation and catering [6] Group 3 - The meeting stresses the importance of consolidating the real estate market's stabilization efforts, with a focus on urban renewal and the renovation of dilapidated housing [7][8] - Various local governments are optimizing real estate policies to boost market confidence, with new measures being introduced in cities like Beijing and Tianjin [7][8] - Urban renewal is highlighted as a key component for high-quality urban development, with an emphasis on meeting housing demands and improving living conditions [8]