记者 张骏 市委季度工作会议昨天下午举行。市委书记陈吉宁主持会议并强调，要深入学习贯彻习近平总书记 考察上海重要讲话精神，强化大局意识，强化主动作为，强化整体推进，干字当头、奋力一跳，努力完 成全年经济社会发展目标任务，为"十四五"收官、"十五五"开局打下坚实基础。 陈吉宁结合国庆中秋假期城市服务保障和运行安全情况，三季度以来市委抓经济运行调度、招商引 资和企业服务以及各区、各部门落实推进情况，同与会同志作了深入分析，研判发展形势，明确工作重 点。陈吉宁指出，当前外部环境依然复杂严峻，完成全年目标任务需要倍加努力、加力冲刺。要进一步 提高经济运行调度的科学性、精准性，持续放大政策效应、改革效应，巩固经济回升势头。消费潜力要 充分释放，抓住进博会等契机，扩围实施"两新"等政策，强化政策和活动联动发力、融合发展。围绕落 实《关于扩大服务消费的若干政策措施》，加紧拿出行动方案，抓好服务业扩大开放综合试点，培育打 造服务消费新增长点。投资进度要紧抓不放，确保重大项目加快落地推进。外贸外资要保持韧性，密切 跟踪研判，及时动态优化政策，以政策的确定性、敏捷性更好对冲外部环境的不确定性。先行先试的改 革举措要强化复制推广， ...

Economic Overview - The actual GDP growth in the first half of 2025 was 5.3%, laying a solid foundation for achieving the annual target of 5.0%[3] - Fixed asset investment in infrastructure and manufacturing maintained a high growth rate, contributing significantly to economic performance[3] Policy Recommendations - Emphasis on maintaining policy continuity and stability while enhancing flexibility and foresight to stabilize employment, enterprises, markets, and expectations[3] - The need for a more proactive fiscal policy and moderately loose monetary policy was highlighted, including accelerating government bond issuance and promoting a decline in social financing costs[3] Domestic Demand and Consumption - The report stresses the importance of implementing special actions to boost consumption and cultivating new growth points in service consumption, particularly through recently introduced childcare subsidies[4] - Focus on effective investment and the implementation of policies to optimize market competition and regulate local investment attraction behaviors[4] Risk Management - Key areas for risk prevention include addressing risks in the real estate sector, managing local government debt, and enhancing the attractiveness and inclusivity of domestic capital markets[4] - The report identifies several external risks, including uncertainties from U.S. tariff policies and geopolitical tensions, which could impact economic expectations[3] Strategic Outlook - The upcoming Fourth Plenary Session of the 20th Central Committee will focus on formulating the 15th Five-Year Plan, marking a critical transition period for economic strategy[2] - The meeting acknowledged the complex and changing development environment, emphasizing the need to leverage domestic advantages while adapting to external challenges[2]