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While resolving the crisis, local governments have much to offer.While resolving the crisis, local governments have much to offer.After more than a decade, it will be relaxed, which shows the directional measures to ease the economic pressure.

First, implement more active and promising macro policies to stabilize the property market and stock market. The Central Economic Work Conference clearly stated that more active and promising macro policies should be implemented next year to expand domestic demand and stabilize the property market and stock market. This shows that the government will improve the effectiveness of macro-control through unconventional countercyclical adjustment of fiscal and monetary policies.The decision-makers have firm and clear confidence in the stability of the property market and the stock market.

While resolving the crisis, local governments have much to offer.Four important messages from important meetings are the most powerful support for the slow bull market in the stock market.Fourth, vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions. The meeting stressed the need to vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions. This includes the implementation of special actions to boost consumption, efforts to expand the scope of implementation of the two new policies, greater support for the two projects, and strengthening financial and financial cooperation.