Ten measures of the Political Bureau promote steady economic development

Abstract The Political Bureau of the CPC Central Committee held a meeting on July 30 to analyze the economic situation in the first half of the year and the economic work in the second half of the year. The meeting held that although the Chinese economy has slowed for two consecutive quarters, the decision-making level still has confidence in the overall situation and trend of the economy; in the second half of the year, China's economy will remain...
The Political Bureau of the CPC Central Committee held a meeting on July 30 to analyze the economic situation in the first half of the year and the economic work in the second half of the year. The meeting held that although the Chinese economy has slowed for two consecutive quarters, the decision-making level still has confidence in the overall situation and trend of the economy; in the second half of the year, China's economy will maintain an overall stable development trend, and proposes to propose ten measures to ensure the completion of the entire The main task of economic and social development in the year.

The meeting pointed out that the main economic indicators in the first half of the year are in a reasonable range of annual expectations, and the overall start of economic and social development is good. This adjustment will continue the recent view of the State Council on economic trends. It also means that the central government will not introduce large-scale stimulus policies, but will instead substitute for fixed-point industry support, promote information consumption, and reduce micro-stimulus for small and micro enterprises. policy.

In the second half of the year, economic work should adhere to steady progress, adhere to the principle of improving the quality and efficiency of economic development, adhere to the continuity and stability of macroeconomic policies, improve pertinence and coordination, and make timely adjustments and fine-tuning according to changes in the economic situation. , steady and promising. We must comprehensively stabilize growth, adjust structure, promote reform, actively expand effective demand, focus on promoting transformation and upgrading, continuously deepen reform and opening up, focus on ensuring and improving people's livelihood, and ensure the completion of the main tasks of economic and social development throughout the year.

In the first half of this year, the GDP growth rate was 7.6%, which means that the annual task should be completed. The GDP growth rate in the second half of the year should be maintained at around 7.5%. To this end, the meeting proposed ten measures, including the continuation of a proactive fiscal policy and a prudent monetary policy, revitalizing stocks, optimizing increments, focusing on improving the efficiency of the use of fiscal funds, increasing financial support for the real economy, and using the money in the cutting edge; Actively release effective demand, promote the upgrading of household consumption, maintain reasonable investment growth, actively and steadily promote new urbanization with people as the core, promote the stable and healthy development of the real estate market, and so on.

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