This is the tone of the main work in 2025. The main direction is to vigorously boost consumption, including issuing consumer vouchers in many places, including boosting the stock market, which is also expected to boost consumption. The stock market and large consumption are expected to form a good positive cycle development.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.On the night of 12.12, five big positives broke out, and the Central Economic Work Conference made a heavy voice, reminding everyone.
4. Central Economic Work Conference: Next year, we will vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.4. Central Economic Work Conference: Next year, we will vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.
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.The meeting pointed out that it is necessary to implement a moderately loose monetary policy, reduce the RRR and interest rates in a timely manner, maintain sufficient liquidity, and make the scale of social financing and the growth of money supply match the expected goals of economic growth and overall price level.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.