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The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;Fiscal policy and monetary policy are important ways to regulate the economy.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.

The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;Overall, this is a good thing for A shares.This is very close to the time when the full draft of the meeting was released. Let me show you some of the contents:

Then there is "improving investment efficiency". I want to tell you here that improving investment efficiency is not to improve investment yield, and we can't draw an equal sign directly. There is only one sentence directly related to the stock market in the full text:Overall, this is a good thing for A shares.The fiscal policy mentioned above, the 1 trillion special national debt that we started to issue this year, belongs to fiscal policy. 300 billion yuan has been spent on the trade-in activities of home appliances and cars, and many families should enjoy this preferential treatment, which has an obvious effect on stimulating consumption. The year-on-year growth rate of total retail sales of consumer goods in September and October increased from 2.X to 4.8% in October.