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After more than a decade, it will be relaxed, which shows the directional measures to ease the economic pressure.I pay special attention to four important meetings these days.Third, moderately loose monetary policy, timely RRR cuts and interest rate cuts. Politburo meeting of the Chinese Communist Party proposed to implement a moderately loose monetary policy, which is the policy tone put forward again after many years. It is expected that there will be greater interest rate cuts and RRR cuts next year. The adjustment of the expression of monetary policy from "steady" to "moderately loose" means that China will continue to adhere to a supportive monetary policy stance and maintain a reasonable and sufficient liquidity.

The decision-makers have firm and clear confidence in the stability of the property market and 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.This is the reason why consumer stocks have risen.

While resolving the crisis, local governments have much to offer.The decision-makers have firm and clear confidence in the stability of the property market and the stock market.