“稳增长”的政策组合,正在一步一步操作和实施。但是,当前随着沪深股市大牛行情的持续挺进,这些政策特别是货币政策所释放的资金,是否按照政策目标支持了实体企业的经营和发展,已成了下半年经济能否保持平稳增长的最大考验。如果大量资金持续流入股市,可能会改变我国整体的资金环境,或还真会制造出经济下行压力的“增量”。那样的话,难保下半年的投资增长不出现不正常的下滑,这对“稳增长”将是非常不利的。在提供经济正常运行所需要的货币需求增长,且货币供应量也增长的同时,要让资金进 “Steady growth ” policy portfolio, is step by step operation and implementation. However, with the continuous advance of the bull market in Shanghai and Shenzhen stock markets, whether these policies, especially the funds released by monetary policy, support the operation and development of the real enterprises in accordance with the policy objectives has become a steady growth of the economy in the second half of the year The biggest test. A large influx of capital into the stock market may change the overall funding environment in our country or create an “incremental” pressure for economic downward pressure. In that case, it would be very unfavorable to ensure that investment growth in the second half of the year does not show an abnormal decline. While providing the money demand needed for the normal operation of the economy and increasing the money supply,