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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.Therefore, consumption is our focus for a long time to come, and it is also often said: to open up the big cycle of domestic consumption. Next year, we will issue 1 trillion special treasury bonds and make a fuss about consumption.

Fiscal policy and monetary policy are important ways to regulate the economy.Therefore, consumption is our focus for a long time to come, and it is also often said: to open up the big cycle of domestic consumption. Next year, we will issue 1 trillion special treasury bonds and make a fuss about consumption.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.

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:Good, return! China's assets broke out in an all-round way. What should we do on December 10th?If you carefully understand these changes in wording, you can feel the great difference.