Macroeconomic Regulation

The fundamental objectives of macroeconomic regulation encompass four aspects: promoting economic growth, increasing employment, stabilizing the general price level, and maintaining a balance of international payments.

1. Promoting Economic Growth
   Economic growth is an objective process determined by various factors. At a certain stage of economic and social development, there exists a favorable, reasonable, or potential economic growth rate. The purpose of macroeconomic regulation is to maintain economic growth at a reasonable level, striving to increase the growth rate while preventing excessive growth and avoiding significant fluctuations—what we often refer to as "booms and busts." Therefore, the goal of promoting economic growth is to sustain continuous, rapid, and stable growth based on structural optimization and improved efficiency.

2. Increasing Employment and Maintaining a Reasonable Employment Rate
   Our country is currently undergoing a transition from a dual economy to a modern economic structure, and the socialist market economy system remains far from perfect. Coupled with a large population base, employment challenges are relatively severe. The government has identified expanding employment as a key regulatory objective.

3. Stabilizing the General Price Level
   This involves both preventing inflation, which is a continuous rise in the general price level, and avoiding deflation, which is a continuous decline in the general price level.

4. Balancing International Payments
   With the ongoing advancement of economic globalization, the state of international payments has an increasingly significant impact on our country's economic performance. Maintaining a basic balance in international payments and avoiding long-term imbalances is a critical challenge our country faces in the near term. Macroeconomic regulatory authorities.