再次，设备更新贷款贴息政策的"普惠性扩围"同样提质增效。政策不仅覆盖设备购置，还将科技创新类 贷款纳入贴息支持，推动企业加快技术改造和设备更新，提升产业链现代化水平。 总体来看，这些创新举措体现出几个鲜明特征： 其一是政策目标协同供需双侧、兼顾长短周期。专项担保计划聚焦扩大民间投资，贴息政策覆盖设备更 新、服务业、消费等多个领域，体现出同时从供给侧（支持企业投资、技术改造）和需求侧（刺激消 费、升级服务）发力，这不仅稳定经济大盘，更可以通过支持科技创新、数智化改造等培育中长期增长 动能，体现了"逆周期调节"与"跨周期布局"的有机结合。其二是财政与金融政策深度协同，通过担保、 贴息、风险分担等机制形成政策合力。其三是精准支持实体经济关键领域，特别是民间投资、科技创新 和消费扩容。其四是注重长效机制建设，财政政策从直接"给钱"到构建"机制"，通过制度性安排与机制 化创新，增强市场主体预期，推动形成可持续的内需增长动力。 财政金融协同促内需一揽子政策陆续出台。继央行宣布推出八项政策举措之后，1月20日，财政部联合 相关部门连续发布五个文件，提出六项政策，以更大力度激发民间投资、促进居民消费。其中四项为支 持民间投资 ...

（来源：中国经济导报） "把促进经济稳定增长、物价合理回升作为货币政策的重要考量"……这一新提法，既延续了逆周期调节 的核心要义，又体现了货币政策在稳增长与防风险之间寻求更高效动态平衡的政策智慧。 显然，作为政策工具，无论是财政支出的方向与力度，还是货币信贷的总量与结构，都需根据经济运行 的即时状况、突出矛盾和经营主体反馈进行灵活调整和优化。其目标是熨平经济周期波动，缓解短期冲 击，保障民生底线，并引导资源流向国家战略重点领域和薄弱环节。政策驱动的是经济运行的"当下节 奏"与"微观活力"。 转自：中国经济导报 本报评论员 | 王春华 既要政策给力，也要改革发力。中央经济工作会议明确提出，"必须坚持政策支持和改革创新并举"。这 是"十四五"应对复杂形势、推动稳中求进的实践总结，也是"十五五"实现高质量发展、增强经济内生动 力的科学指引。 会议强调，"增强改革与政策的协同效应，推动经济运行和市场预期持续向好"。这一协同体系的内在逻 辑在于：宏观政策逆周期调节，实现"短期稳增长"，为改革赢得时间窗口和稳定的经济社会环境；改革 举措跨周期布局，破除体制机制障碍，实现"长期增活力"，为宏观政策传导畅通渠道、提升效能。 ...

Core Viewpoint - The article emphasizes the importance of implementing a more proactive fiscal policy to stabilize economic growth and enhance confidence amid external uncertainties and domestic demand weaknesses [3][4][5]. Group 1: Importance of Proactive Fiscal Policy - A more proactive fiscal policy is crucial for shaping economic growth paths and driving high-quality development, especially in the context of external environmental changes and domestic supply-demand imbalances [4]. - The shift from "active" to "more active" fiscal policy has led to historic breakthroughs in deficit rates and significant expansions in debt instruments, which will continue to enhance confidence in stable economic growth [4][5]. Group 2: Counter-Cyclical Regulation and Economic Confidence - The proactive fiscal policy serves as a core tool for counter-cyclical regulation, addressing multiple pressures such as demand shortages and supply shocks [5]. - By providing financial support to various micro-entities, the policy aims to alleviate cash flow issues and stimulate consumption and investment, thus countering risks from international economic fluctuations [5]. Group 3: Long-term Growth and Structural Adjustment - The fiscal policy aims to achieve both short-term stability and long-term structural adjustments, addressing investment gaps in high-risk and positive externality sectors [6]. - It focuses on reducing early risks in strategic emerging industries and compensating for underinvestment in areas like basic research and infrastructure, which are essential for innovation and economic resilience [6]. Group 4: Social Welfare and Security - The proactive fiscal policy prioritizes social welfare, enhancing public services in education, healthcare, and social security, which in turn boosts consumer confidence and spending [7][11]. - It also aims to mitigate risks in key areas, ensuring sustainable fiscal health while supporting economic development and social stability [7][12]. Group 5: Key Measures for Implementation - The article outlines that maintaining necessary fiscal deficits and enhancing market confidence in demand recovery are essential for economic stability [9]. - It emphasizes the need for optimizing fiscal expenditure structures to support both social welfare and innovation, ensuring effective resource allocation [10][11]. Group 6: Risk Management and Sustainable Development - Effective risk management is highlighted as a prerequisite for stabilizing confidence, with a focus on maintaining sustainable fiscal practices [12]. - The proactive fiscal policy aims to stabilize the real estate market and manage local government debt risks through targeted financial strategies [12]. Group 7: Fiscal and Tax System Reform - The article discusses the need for fiscal and tax system reforms to promote fair competition and long-term development capabilities [13]. - It emphasizes the importance of standardizing tax incentives and fiscal subsidies to support public welfare, technological innovation, and green transformation [13].