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Opening at 3500 tomorrow, interpretation of economic conferenceMain contents:3. Emphasis on stabilizing the property market and the stock market. Beijing rarely mentions the stock market, showing its importance.

1. In 2025, a proactive fiscal policy will be implemented that exceeds market expectations. It is estimated that the fiscal deficit ratio will exceed 4%, and I predict it will be about 4.5%.6. The layout direction remains unchanged, focusing on real estate and consumption in the short term; The mid-line focuses on low-altitude economy, AI applications, semiconductors, and new energy batteries.4. Putting the expansion of domestic demand before the development of new quality productive forces shows the adjustment of policy focus.

3. Emphasis on stabilizing the property market and the stock market. Beijing rarely mentions the stock market, showing its importance.Operational recommendations:4. The persistence and strength of the market will mainly depend on the performance of the big financial brokers and the length of the K-line of the stock index entity.