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Steady is the key word. Our goal is not to stimulate the stock market, but to develop the economy and transmit it to the economy.Overall, this is a good thing for A shares.Implement a more active fiscal policy and a moderately loose monetary policy.

Fiscal policy and monetary policy are important ways to regulate the economy.The prefix of "moderately loose" monetary policy was "prudent" last year, and the prefix of "moderately loose" was adopted last time in 2010, which has not been used for more than ten years, so it is rare.The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;

After the terminal consumption, it has an obvious pulling effect on the middle industry, and the PMI in October and November has also returned to above 50.Fiscal policy and monetary policy are important ways to regulate the economy.Implement a more active fiscal policy and a moderately loose monetary policy.