As the first quarter draws to a close, steady growth measures are at full throttle. The reporter of the economic information daily noted that recently, relevant departments have held intensive meetings and made arrangements to continuously release policy signals such as "strengthening work" and "effectively invigorating the economy in the first quarter". Many localities have also intensively held work scheduling meetings on steady growth and economic operation analysis meetings in the first quarter, emphasizing full sprint to lay a "year-round steady" foundation for economic development with a "good start" in the first quarter. According to relevant arrangements, while macro policies are advancing, a package of steady growth policies and measures in many places will be introduced as soon as possible. "Effectively reduce the burden and relieve the difficulties", "go all out to stabilize industrial growth", "do everything possible to expand effective investment" and "take multiple measures to tap the consumption potential" have become the key directions of tackling difficulties. "The current economic operation is facing new downward pressure and more difficulties and challenges", "strengthen cyclical regulation, put steady growth in a more prominent position, deepen reform and opening up, and strive to complete the objectives and tasks of economic and social development throughout the year", "implement the macro policy of stabilizing the market and ensuring employment in detail"... The recently held executive meeting of the State Council will focus on 52 key tasks in 44 aspects proposed in the government work report, Break it down one by one to the departments of the State Council and relevant places, and clarify the responsibilities and completion time limit. Anchoring the annual goals and pushing forward the macro policies are the key to achieving a "stable and good start". Recently, many departments held intensive meetings to release relevant signals. On March 16, when the financial stability and Development Commission of the State Council held a special meeting, it stressed that "we should effectively revitalize the economy in the first quarter, take the initiative to respond to monetary policies, and maintain a moderate growth in new loans". On March 18, the Ministry of industry and information technology held a video Symposium on the operation of industrial economy in some provinces and cities in the first quarter, emphasizing that efforts should be continuously strengthened to maintain the stable operation of industrial economy. It also puts forward specific tasks such as "focusing on stabilizing enterprise production", "ensuring smooth circulation of supply chains in key industrial chains", "implementing a series of policies to promote steady growth of industrial economy" and "increasing efforts to help enterprises to relieve poverty". Groups of data also reflect the fiscal policy's orientation of "appropriately moving forward" - most of the 1.2 trillion special bonds issued in the fourth quarter of 2021 will be put into use in the first quarter of this year; From January to February, the progress of national general public budget expenditure reached 14.3%, the highest in recent five years; By the end of February, local governments had issued 877.5 billion yuan of new special bonds this year, and completed the issuance of more than 60% of the new debt limit in advance. "This year's economic growth target is set at about 5.5%, and the government work report mentions that it will take hard work to achieve it. This means that steady growth is the main line throughout the year, and we should make efforts in advance." Zhang Jun, chief economist at Morgan Stanley Securities, told the economic information daily. Gao Ruidong, chief macro economist of Everbright Securities, said that achieving a "good start" in the first quarter will help stabilize expectations and boost confidence, which is the key to stabilizing and improving the economy throughout the year. "Effectively invigorating the economy in the first quarter and winning a 'good start' will reduce the pressure on subsequent steady growth." Liu Xiangdong, Vice Minister of the Economic Research Department of the China Center for international economic exchanges, said that from the signals released by relevant ministries and commissions, the implementation of macro policies will be accelerated and effective. The proactive fiscal policy is more active, the fiscal expenditure is accelerated, the expansion of effective investment is promoted, the construction of major projects is guided as soon as possible, the monetary policy is advanced, accurate and sufficient, the scale of new loans is expanded and the comprehensive financing cost is reduced. At the same time, the structural policy focuses on promoting the economic cycle and releasing the potential domestic demand. At the same time, local governments are also making vigorous arrangements to implement the steady growth policy, emphasizing full sprint and accelerating catch-up, so as to achieve a "good start" in the first quarter. The reporter noted that in the past week, many places have intensively held teleconferences on the implementation of steady growth policies, emphasizing "ensuring a good start of the province's economy in the first quarter" and "laying a solid foundation for economic development throughout the year with a good start in the first quarter". Among them, Sichuan proposes to do a solid and detailed absorption and transformation of national policies, introduce a package of steady growth policies and measures in Sichuan Province as soon as possible, and strive for more projects to be included in the national "plate". Shaanxi emphasizes giving full play to the overall coordination role of special classes for steady growth at all levels, strengthening economic operation and dispatching, and ensuring that the dividends of various policies are released as soon as possible. In addition, at the economic operation analysis meeting in the first quarter, many places stressed the need to seize limited time, come up with unconventional means, and spare no effort to sprint the economic development goal in the first quarter, so as to lay the foundation for the turnaround of economic work in the whole year. From the point of view of local deployment, "go all out to stabilize industrial growth", "do everything possible to expand effective investment", "take multiple measures to tap the consumption potential" and "effectively reduce the burden and relieve poverty" have become the highlights. For example, in terms of stabilizing industry, Shaanxi stressed that it should concentrate advantageous resources to support key industries to expand production capacity, encourage energy enterprises to produce and sell more on the premise of ensuring safety, and promote the implementation and commencement of a number of major energy projects that meet the policy requirements as soon as possible. Hubei stressed that we should strengthen factor guarantee, increase credit supply, stabilize price expectations, and strengthen rescue efforts. In terms of investment expansion, Sichuan proposed to speed up the construction of traditional infrastructure, continue to strengthen the construction of new infrastructure, comprehensively relax the market access of private enterprises, and pay close attention to the construction of 700 provincial key projects. Hainan stressed that the construction period of the project should be reversed according to the requirements of the investment plan, the responsibility should be assigned to the post and the person should be accurate, the project construction should be accelerated, and the fixed asset investment task in the first quarter should be completed. In addition, in terms of helping enterprises, Jilin said that it would implement the policy of tax reduction and fee reduction, strengthen the connection between banks, governments and enterprises, ensure that enterprises get loans and make good loans, and solve the problem of difficult and expensive financing. Do a good job in the "combination" of financial funds, bond funds, social investment and financial capital, and speed up the planning and implementation of bond projects. Help enterprises expand production and operate stably through industrial policies. "On the whole, the key to local steady growth lies in making full use of local special bonds, guiding the expansion of infrastructure, manufacturing and other investments to recover effectively. At the same time, we should promote the recovery of consumption and provide more market opportunities for market players." Liu Xiangdong said. Gao Ruidong believes that expanding domestic demand is still the focus of local steady growth. Compared with previous years, the annual plans of major projects in various regions were announced earlier and on a larger scale, focusing on infrastructure and industries, providing strong support for steady growth. In terms of consumption, all localities generally take new energy vehicles, green smart appliances and green building materials as the starting point to tap the consumption potential. "Overall, in the first quarter, with the steady growth policy gradually taking effect, it is expected that the economy will gradually stabilize and recover." (Xinhua News Agency)