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中央经济工作会议:保持流动性充裕
Wind万得· 2025-12-11 10:22
Group 1 - The core viewpoint of the article emphasizes the need for a stable yet progressive economic policy approach, focusing on quality and efficiency improvements while leveraging both existing and new policies to enhance macroeconomic governance effectiveness [2] - The meeting highlighted the continuation of a more proactive fiscal policy, maintaining necessary fiscal deficits, total debt scale, and overall expenditure, while optimizing the structure of fiscal spending and regulating tax incentives and subsidies [2] - It was stressed that addressing local fiscal difficulties is crucial, ensuring the baseline for basic public services is secured, and maintaining strict financial discipline within government agencies [2] Group 2 - The article advocates for a moderately loose monetary policy, with a focus on stabilizing economic growth and ensuring reasonable price recovery as key considerations for monetary policy [2] - It mentions the flexible and efficient use of various policy tools such as reserve requirement ratio cuts and interest rate reductions to maintain ample liquidity and facilitate the transmission of monetary policy [2] - The importance of keeping the RMB exchange rate stable at a reasonable and balanced level is also highlighted, along with the need for consistency and effectiveness in macroeconomic policy orientation [2]