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2. Central Economic Work Conference: Next year, we will implement a more active fiscal policy, raise the fiscal deficit ratio, and increase the issuance of ultra-long-term special government bonds.Please note that this is the most important work program plan for 2025 next year, which means that the most important task in 2025 is to stabilize the property market and stabilize the stock market, which highlights the importance of the property market and the stock market.To implement a more active fiscal policy and improve the fiscal deficit ratio, this means that the fiscal leverage ratio will reach 4.5 trillion yuan, and at the same time, it will continue to increase the ultra-long-term special national debt to about 2 trillion yuan, and increase the appropriate leverage ratio, which is equivalent to the periphery. Our deficit ratio is still stable and has some surplus. This is an appropriate and loose incremental fiscal policy, which is conducive to promoting the continued economic recovery and growth and the rebound of the stock market.

On the night of 12.12, five big positives broke out, and the Central Economic Work Conference made a heavy voice, reminding everyone.3. Central Economic Work Conference: It is necessary to implement a moderately loose monetary policy, reduce the RRR and interest rates in a timely manner, and maintain sufficient liquidity.Please note that this is the most important work program plan for 2025 next year, which means that the most important task in 2025 is to stabilize the property market and stabilize the stock market, which highlights the importance of the property market and the stock market.

On the night of 12.12, five big positives broke out, and the Central Economic Work Conference made a heavy voice, reminding everyone.As the saying goes, a rising tide lifts all boats, and the currency maintains abundant liquidity, then there will be corresponding capital inflows to real estate and A-share securities market, which will bring positive boost to A-share financial market, especially the RRR cut and interest rate cut, and some funds will flow into A-share securities market appropriately, which is conducive to the mid-term rise of the stock market.