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The stock market is a policy market. Don't always think what you mean by what you say. The personal perspective is simple. We should enlarge the pattern, have a macro view and a long-term vision.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.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.

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.1. Central Economic Work Conference: Implement more active and promising macro policies to stabilize the property market and stock market.

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