CCTV News: This year is a critical year for further comprehensive deepening of reform. How to do it? Let’s go to the Government Work Report to find the answers together.

The economic growth target of about 5% is in line with China's reality

Among the main expected development goals for 2025 proposed in this year's Government Work Report, GDP growth is about 5%. A relevant person in charge of the State Council Research Office said that at present, my country's economy continues to recover and improve, and a package of incremental policies and existing policies are continuing to play a role, especially the more active and proactive macro-policy combination implemented this year, which will inevitably provide strong policy support for economic growth.

Implement a more proactive fiscal policy

This year's Government Work Report proposes "more proactive fiscal policy" and "moderately loose monetary policy", and plans to issue 1.3 trillion yuan of ultra-long-term special treasury bonds. A relevant person in charge of the State Council Research Office said that the "prudent monetary policy" that has been implemented for 14 consecutive years has been adjusted to "moderately loose monetary policy". Such a combination of macro policies is to convey a clear and powerful macro policy signal to the whole society. From the perspective of policy strength, my country's deficit ratio has increased by 1 percentage point this year, reaching about 4%, and the deficit scale has reached 5.66 trillion yuan. Chen Changsheng, member of the drafting group of the "Government Work Report" and deputy director of the State Council Research Office, said that it is necessary to further reduce the reserve requirement ratio and interest rate in a timely manner, increase the transmission of policies to the real economy, and reduce the financing costs of the entire society.

Special emphasis is placed on all-round expansion of domestic demand

In addition, this year's "Government Work Report" emphasizes the need to all-round expansion of domestic demand so that domestic demand becomes the main driving force and stability anchor to drive economic growth. Shen Danyang, head of the drafting group of the "Government Work Report" and director of the State Council Research Office, said that we should work together to promote three aspects: promoting increased income and burden to improve consumption capacity, increasing high-quality supply to create effective demand, and improving the consumption environment and improving consumption willingness.

Continue to promote the "Artificial Intelligence +" action

In order to help the development of the digital economy, this year's "Government Work Report" proposes to continue to promote the "Artificial Intelligence +" action, which is to seize the opportunity of breakthroughs in artificial intelligence technology, so that my country's digital technology can fully combine its manufacturing advantages and market scale advantages, promote the widespread application of artificial intelligence models, and strive to promote artificial intelligence to truly empower thousands of industries and enter thousands of households.

In addition, many of the "new proposals" have appeared in the "Government Work Report" for the first time. Chen Changsheng said that the emphasis on asset prices in macro-control is on the basis of emphasis on stabilizing the real estate market and stock market into the overall requirements. This is the first time. Also, it is emphasized that policy resources are invested more in people and serving people's livelihood, which are some innovations in macro-control.