Jin Guanping, Economic Daily: macro policies should work together to expand demand

Jin Guanping, Economic Daily: macroeconomic policies should work together to expand demand. According to an article in the Economic Daily, as the two major tools of macro-control, both fiscal policy and monetary policy can adjust the level of total social demand. The two should give full play to the role of counter-cyclical and cross-cyclical regulation, strengthen coordination and cooperation, especially play a "combined fist" in stimulating investment and reducing enterprise costs, so as to strengthen the endogenous driving force of economic development and promote the sustained improvement of economic operation. Fiscal expenditure should continue to be vigorously maintained. It is necessary to give better play to the role of special debts. It is necessary to make more efforts to reduce the cost of enterprises, better solve the difficulties for operators, stabilize expectations, and boost confidence.