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I pay special attention to four important meetings these days.While resolving the crisis, local governments have much to offer.I pay special attention to four important meetings these days.

The decision-makers have firm and clear confidence in the stability of the property market and the stock market.This is the reason why consumer stocks have risen.While resolving the crisis, local governments have much to offer.

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.After more than a decade, it will be relaxed, which shows the directional measures to ease the economic pressure.