Economic Daily reporter Jin Guanping: Coordinate domestic economic work and international economic and trade struggles.
In the first quarter, the economy achieved a "good start". How to continue to consolidate the upward trend? Faced with complex and severe external challenges, how do we manage our own affairs? The recent meeting of the Political Bureau of the CPC Central Committee identified "coordinating domestic economic work and international economic and trade struggles" as an important response strategy and made arrangements accordingly. This meeting introduced the concept of "four stabilizations" for the first time, namely stabilizing employment, stabilizing businesses, stabilizing the market, and stabilizing expectations, which will be the focus of the next economic work. Stable employment helps increase residents' income, drive consumption, and stabilize business production; stable businesses can not only effectively create jobs but also enrich product supply and enhance market vitality; stabilizing the market creates a predictable investment and consumption environment and fosters positive expectations; stabilizing expectations can mobilize the enthusiasm of society and fully utilize the effectiveness of both existing and new policies. The "four stabilizations" are interconnected and crucial for overall economic development. "Stability" does not mean being conservative or defensive, but rather adopting a proactive attitude and practical measures to open up new opportunities and create new spaces. To stabilize through progress and innovation, it is particularly important to balance speed and steadiness, addition and subtraction, and destruction and establishment, and to organically combine the implementation of macroeconomic policy measures with further deepening comprehensive reforms, focusing on innovating institutional mechanisms to solve problems and gain the initiative in development.
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