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4. Putting the expansion of domestic demand before the development of new quality productive forces shows the adjustment of policy focus.Main contents:The contents of the after-hours economic meeting were announced, and foreign capital and the media regarded the China stock index as a major positive; Hong Kong's Hang Seng Index and Singapore's A50 Index soared.

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%.3. Emphasis on stabilizing the property market and the stock market. Beijing rarely mentions the stock market, showing its importance.

1. The wording of proactive fiscal policy and deficit shows the determination to exceed expectations, and other contents are basically in line with my expectations. It is reasonable for the market to interpret it as a major positive, and the positive reaction of foreign capital may be related to its large-scale layout of China assets and call options in the early stage.3. Tomorrow's sharp rise and general increase of China stock index will be a good opportunity to switch positions and exchange shares.1. The wording of proactive fiscal policy and deficit shows the determination to exceed expectations, and other contents are basically in line with my expectations. It is reasonable for the market to interpret it as a major positive, and the positive reaction of foreign capital may be related to its large-scale layout of China assets and call options in the early stage.