经济潜能，来自区域协调发展释放的新活力。据测算，我国城镇化率每提高1个百分点，可以拉动万亿 元规模的新增投资需求，每年可新增2000多亿元消费需求。城乡融合发展中蕴藏着巨大内需潜力，要求 我们统筹推进以县城为重要载体的城镇化建设和乡村全面振兴，促进城乡资源要素有序流动，推动公共 资源均衡配置。同时，也要深化跨行政区合作，在重点城市群协调联动中培育新的增长点。 磅礴的经济潜能不会从天而降，深化改革才能持续激发活力。眼下，市场分割、地方保护、"内卷式"竞 争等一系列堵点卡点问题依然存在，致使我国超大规模市场优势未能完全发挥，对此必须按照中央经济 工作会议的要求，坚持改革攻坚，打通堵点卡点，纵深推进全国统一大市场建设，进一步提升市场效 率、激发市场活力。让我们把思想和行动统一到党中央对形势的科学判断和部署上来，主动作为，真抓 实干，实现"十五五"良好开局。 （文章来源：经济日报） 经济潜能，来自供需良性互动创造的新投资、新消费。得益于超大规模市场，我国无论投资还是消费， 都有挖潜空间。看投资，新型城镇化、新型工业化、节能降碳改造等投资于物的需求，以及基本公共服 务、保障性住房等投资于人的需求均需得到更好满足；看消费 ...

Deep Dive - The article highlights the "blind spot" in the bond market, warning of the "high volatility" trap in a low-interest-rate environment, where adjustments can occur within 1-2 months, leading to changes of 50-100 basis points [4][6]. - It emphasizes the need for coordinated fiscal and monetary policies to focus on structural investment opportunities, suggesting that such collaboration can enhance economic resilience [6][8]. Hot Topics - A significant reversal and rebalancing in the U.S. labor market is anticipated for 2026, questioning whether the trend of "jobless growth" will continue [11]. - The Political Bureau meeting aims to achieve a strong start for the "14th Five-Year Plan," focusing on the integration of economic work and trade struggles, while emphasizing the importance of policy effectiveness and economic growth [13][16]. - Economic indicators show a rebound in exports and a strengthening CPI since November, raising questions about the overall economic performance and potential highlights as the year closes [15][19]. - The Central Economic Work Conference outlines ten key highlights, including the need for a proactive fiscal policy, increasing fiscal deficit rates, and ensuring robust support for key sectors [16][18].

Core Insights - The recent Central Economic Work Conference outlines the economic work for 2025 and 2026, emphasizing the need to maintain confidence and leverage advantages to address challenges and sustain economic growth [1][2]. Economic Performance and Goals - The economic and social development goals for 2025 are expected to be achieved, with a projected GDP growth of around 5% [2]. - The "14th Five-Year Plan" is nearing completion, with major indicators set to be met despite challenges such as the pandemic [2]. Key Challenges - The economy faces persistent issues, including supply-demand imbalances and risks in key sectors, which are seen as challenges that can be addressed through concerted efforts [2][3]. Five Imperatives for Economic Work - The conference highlighted five essential strategies for economic work: 1. Fully explore economic potential by expanding consumption and investment, and promoting regional development [3]. 2. Combine policy support with reform innovation to address intertwined economic issues [3]. 3. Balance deregulation with effective governance to enhance productivity while maintaining market order [4]. 4. Invest in both physical and human capital to promote comprehensive development [4]. 5. Strengthen internal capabilities to face external challenges and enhance self-innovation [5]. Economic Stability Measures - For 2026, the focus will be on maintaining stable economic growth, ensuring employment and price stability, and promoting income growth alongside economic growth [6]. - A proactive fiscal policy will be implemented, maintaining necessary fiscal deficits and optimizing expenditure structures [6][7]. - A moderately loose monetary policy will be adopted to support economic stability and ensure liquidity [7]. Key Tasks for 2026 - The conference identified eight key tasks for economic work in 2026, including: 1. Prioritizing domestic demand and building a strong domestic market [8]. 2. Accelerating innovation and fostering new growth drivers [8]. 3. Enhancing high-quality development through reform [8]. 4. Promoting cooperation in various fields through openness [8]. 5. Coordinating urban-rural development and regional integration [8]. 6. Leading green transformation with a focus on carbon neutrality [8]. 7. Prioritizing people's livelihoods and addressing practical issues [8]. 8. Managing risks in key areas effectively [9]. Employment and Risk Management - Employment remains a priority, with policies aimed at stabilizing job markets for key demographics [9]. - Measures will be taken to stabilize the real estate market and manage local government debt risks [9].

Core Viewpoint - The article emphasizes the importance of understanding and applying economic principles to guide effective governance and economic work in the new context, highlighting five essential strategies for economic development during the "14th Five-Year Plan" period [1][4]. Group 1: Economic Strategies - The five essential strategies include fully tapping economic potential, combining policy support with reform and innovation, balancing market freedom with effective regulation, integrating investments in physical and human capital, and strengthening internal capabilities to face external challenges [1][2][4]. - The focus on policy support and reform innovation is crucial for addressing both old and new challenges, enhancing macroeconomic governance, and promoting high-quality development [2][3]. Group 2: Policy and Reform Initiatives - Recent reforms and policies, such as the establishment of a unified national market and the implementation of the "Negative List for Market Access (2025 Edition)," have been effective in releasing market vitality and addressing economic pressures [3]. - The upcoming economic work will involve implementing proactive macro policies, enhancing policy foresight and coordination, and focusing on quality and efficiency improvements through integrated policy effects [4]. Group 3: Goals for the "14th Five-Year Plan" - The "14th Five-Year Plan" period is seen as a critical time for laying the foundation for socialist modernization, with a strong emphasis on understanding and applying the five essential strategies to achieve significant breakthroughs in strategic tasks related to Chinese-style modernization [4].

中央经济工作会议12月10日至11日在北京举行。会议提出，明年经济工作在政策取向上，要坚持"稳中 求进、提质增效"，并用"八个坚持"划出了明年经济工作的重点任务。 会后，多家金融机构集体表态对标对表明年经济工作"八个坚持"重点任务，并结合自身实际谋划好2026 年和"十五五"期间工作。 《每日经济新闻》记者注意到，多家金融机构强调，要突出主责主业，持续优化重点领域金融供给，包 括支持扩大内需、科技创新、中小微企业、民生保障等方面。此外，多家机构表态坚持守牢底线，积极 稳妥化解重点领域风险。 聚焦主责主业，推动金融资源向重点领域和薄弱环节集聚 多家机构表态，要聚焦主责主业，做好金融"五篇大文章"，推动金融资源向经济社会发展的重大战略、 重点领域和薄弱环节集聚，提升服务实体经济质效。记者注意到，多家机构在科技创新领域重点着墨。 工商银行表示，要发挥主力军作用，持续发力促进高质量发展。围绕服务"四稳"，突出主责主业，提供 全面金融解决方案。积极融入强大国内市场，加力支持扩大内需、科技创新、中小微企业等重点领域， 精准服务"两重一薄"、制造业、区域协调、"双碳"引领、民生保障等，努力为人民群众多办实事。 农业银行提及 ...

Core Viewpoint - The Central Economic Work Conference outlines proactive and forward-looking macroeconomic policies to create a positive policy environment for the "14th Five-Year Plan" [1] Group 1: Economic Policy Direction - The conference emphasizes "domestic demand as the main driver" and aims to build a strong domestic market, focusing on increasing urban and rural residents' income, addressing consumption barriers, stabilizing investment expectations, and rectifying "involution" competition [3] - The meeting's framework of "income increase - deregulation - quality improvement" targets the core issues of insufficient consumer capacity and willingness, aiming for sustainable consumption recovery [3][4] Group 2: Investment Opportunities - The conference's signals are viewed positively, likely to restore market expectations and optimize resource allocation, creating structural opportunities in the intersection of consumption upgrade, effective investment, and industrial upgrade [3][4] - The focus on hard technology innovation is seen as a key growth engine, linking consumption upgrade, effective investment, and "involution" [7][9] Group 3: Foreign Investment Perspective - The support for hard technology is expected to provide strong long-term investment targets for foreign capital, with China having structural advantages in R&D, talent, and data in this sector [8][9] - The proactive macro policies and emphasis on innovation-driven growth reflect a shift from short-term stability to long-term structural optimization, fostering a positive policy atmosphere for the "14th Five-Year Plan" [9]

长短期政策结合 推动经济发展"提质增效" 明年宏观政策如何发力？中央经济工作会议释放出怎样的信号？来看专家的解读。 中央经济工作会议指出今年我国经济社会发展主要目标将顺利完成。这一年，中国经济有哪些亮眼表现？如何看待当前经济形势？ 0:00 / 1:41 中央经济工作会议指出，今年是很不平凡的一年，我国经济顶压前行、向新向优发展，现代化产业体系建设持续推进，改革开放迈出新步伐，重点领域 风险化解取得积极进展，民生保障更加有力。 国家信息中心经济预测部宏观经济研究室副主任邹蕴涵：今年以来，全球经济增长持续放缓，我国经济总体保持了平稳发展态势。各方的积极性、主动 性充分调动，各类宏观政策持续加力显效，共同推动经济的内生增长动力不断壮大，全年各项指标将顺利完成，我国的经济高质量发展迈出坚实步伐。 会议用"五个必须"科学总结了做好新形势下经济工作新的认识和体会，并提出我国经济长期向好的支撑条件和基本趋势没有改变。要坚定信心、用好优 势、应对挑战，不断巩固拓展经济稳中向好势头。 0:00 / 1:18 中央经济工作会议指出，明年经济工作在政策取向上，要坚持稳中求进、提质增效。 邹蕴涵：在政策取向上要保持稳中求进、提质增 ...

经济顶压前行、向新向优发展，现代化产业体系建设持续推进，改革开放迈出新步伐，重点领域风险化 解取得积极进展，民生保障更加有力……走过很不平凡的2025年，中国经济站上一个新台阶。 持续扩大内需、优化供给，做优增量、盘活存量，因地制宜发展新质生产力，纵深推进全国统一大市场 建设，持续防范化解重点领域风险，着力稳就业、稳企业、稳市场、稳预期……迈向"十五五"开局之 年，中央经济工作会议明确了明年经济工作的总体要求、政策取向和重点任务。 会议期间，部分与会同志接受人民日报记者采访时表示，要深入学习领会习近平总书记在会上发表的重 要讲话，把思想和行动统一到党中央关于经济形势的科学判断和对明年经济工作的决策部署上来，准确 把握在全国发展大局中的定位，结合实际、因地制宜，推动高质量、可持续的发展。 "习近平总书记在会上强调'五个必须'，这是习近平经济思想的最新成果，为做好明年乃至'十五五'时期 经济工作提供了根本遵循和行动指南。"工业和信息化部部长李乐成表示，今年以来，工业经济顶压前 行、稳中向好，在宏观经济大盘中继续发挥"压舱石"作用，"工信部门将锚定实现新型工业化这个关键 任务，坚持以优争先、以质取胜，全力稳住工业基 ...

Core Viewpoint - The Central Economic Work Conference signals a commitment to stabilize and advance the Chinese economy amidst external complexities and internal fluctuations, emphasizing a long-term positive outlook despite current challenges [6][7]. Group 1: Economic Stability and Growth - The conference acknowledges significant issues such as complex external conditions and fluctuations in domestic demand, but concludes that these are transitional pains rather than a reversal of direction [6]. - The fundamental long-term positive outlook remains unchanged, serving as a crucial stabilizing factor for the economy [6]. Group 2: Policy Direction - The emphasis is on a more proactive fiscal policy combined with appropriately loose monetary policy, focusing on targeted support rather than broad measures, specifically aimed at consumption, technological innovation, and small and medium enterprises [6]. - The "Eight Persistences" serve as a roadmap for economic strategy, including expanding domestic demand, strengthening technology, deepening reforms, stabilizing openness, promoting coordination, advancing green initiatives, ensuring livelihoods, and mitigating risks [6]. Group 3: Key Themes - The overarching themes are stability as the foundation, progress as the direction, innovation as the driving force, and people's livelihoods as the ultimate goal [7].

传达学习贯彻中央经济工作会议精神 陈刚主持 12月12日，自治区党委书记陈刚主持召开自治区党委常委会扩大会议，传达学习贯彻习近平总书记 在中央经济工作会议和中央政治局会议、党外人士座谈会上的重要讲话精神，研究我区贯彻落实措施。 原标题： 会议指出，这次中央经济工作会议是在党的二十届四中全会召开之后不久，"十四五"即将圆满收 官、"十五五"即将开启的重要历史节点上召开的一次十分重要的会议。习近平总书记出席会议并发表重 要讲话，全面总结2025年经济工作，深入分析当前经济形势，系统部署2026年经济工作，总结工作实事 求是，分析形势深刻透彻，设定目标科学清晰，部署任务纲举目张，为确保"十五五"开好局、起好步提 供了科学指引。我们要更加紧密地团结在以习近平同志为核心的党中央周围，全面贯彻习近平新时代中 国特色社会主义思想，深刻领悟"两个确立"的决定性意义，增强"四个意识"、坚定"四个自信"、做 到"两个维护"，牢牢把握我国经济发展取得的非凡成就，牢牢把握党中央关于当前经济形势的精准研 判，牢牢把握党中央对经济工作"五个必须"的规律性认识，牢牢把握党中央关于明年经济工作的总体要 求、预期目标和政策取向，牢牢把握党中央 ...