The recent Central Political Bureau meeting demanded a focus on key points and proactive actions to effectively implement existing policies, intensify the introduction of new policies, and further enhance the targeted and effectiveness of policy measures in an effort to strive to achieve the annual economic and social development goals and tasks. Recently, a package of new incremental policies has been accelerated, sending a strong signal for stable growth and significantly boosting market expectations and development confidence.

Scientific understanding of the economic situation is a prerequisite for doing a good job in economic work. This year, facing a more complex domestic and international environment, China's economic operation has been generally stable and progressing steadily, with high-quality development being deeply promoted and the overall social situation remaining stable. At the same time, some new situations and problems have also emerged in the economic operation. Internationally, major economies have weak growth momentum and heavy debt burdens, international market fluctuations are significant, global trade protectionism is intensifying, and there are more uncertain and unstable factors. Domestically, effective demand is still insufficient, some industries and enterprises face many difficulties in production and operation, risks and hidden dangers in key areas are still considerable, and there are still shortcomings in people's livelihood security.

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The Central Political Bureau meeting pointed out that it is necessary to view the current economic situation comprehensively, objectively, and calmly, face difficulties, and be confident. Facing difficulties requires adhering to bottom-line thinking, enhancing the sense of responsibility and urgency in doing economic work, and further improving the targeted and effectiveness of policy measures. Being confident requires maintaining strategic focus and being good at grasping long-term trends from short-term fluctuations. As the world's second-largest economy, China has formed a good and solid development foundation in continuous struggle, and the fundamental situation of long-term good has not changed. The favorable conditions such as a broad market, strong economic resilience, and great potential have also not changed. At the same time, China also has the advantage of having a large room for maneuver and many policy tools, and has the ability and conditions to increase the intensity of macroeconomic regulation.

The package of new incremental policies introduced this time closely follows the difficulties and problems in economic and social development and the production and operation of enterprises. It coordinates policies in various fields such as finance, consumption, investment, real estate, stock market, employment, and people's livelihood, and has launched a set of "combination punches," reflecting a clear problem-oriented and goal-oriented approach. At the same time, the incremental policies adhere to a combination of long and short, focusing not only on solving the current difficulties and problems but also on solving major long-term development issues in the economy.

Stabilizing growth requires momentum from reform. From the package of new incremental policies, further comprehensive deepening of reform runs through all aspects and fields, and a batch of mature, tangible, and beneficial reform measures for achieving sustained and healthy economic development are being accelerated. For example, the draft of the Private Economy Promotion Law is currently soliciting public opinions, and the National Development and Reform Commission has stated that it will formulate guidelines for the construction of a unified national market, release a new version of the negative list for market access, and establish a growth mechanism for future industry investment. With the acceleration of the implementation of various symbolic reform measures, the vitality of economic and social development will continue to be released.

The key to stabilizing growth is to stabilize enterprises. Enterprises are the basic cells of the economy and the main body for absorbing employment. For the actual difficulties faced by the development of enterprises, it is necessary to do a good job in helping enterprises relieve difficulties, make good use of various preferential policies for enterprises, and resolutely correct and seriously hold accountable for issues such as arbitrary fines, inspections, and seizures that enterprises strongly reflect, in order to stabilize expectations and boost confidence with a continuously optimized business environment.

The economic operation this year has entered the fourth quarter, and striving to run the "last lap" is of great significance for the economic development of the whole year. It is necessary to truly unify thoughts and actions with the analysis and judgment of the economic situation and the decision-making and deployment of the Party Central Committee, effectively implement existing policies, accelerate the implementation of incremental policies, further consolidate the foundation for the stable operation of the economy, and strive to achieve the annual economic and social development goals and tasks.