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4. Central Economic Work Conference: Next year, we will vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.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.

The meeting demanded that next year, we should persist in striving for progress in stability, promoting stability through progress, keeping integrity and innovation, establishing before breaking, system integration and coordination. It is necessary to implement a more active fiscal policy, raise the fiscal deficit ratio and issue extra-long special treasury bonds.The meeting decided that next year, we should focus on the following key tasks, vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions. Implement special actions to boost consumption.4. Central Economic Work Conference: Next year, we will vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.

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.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.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.