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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.If you carefully understand these changes in wording, you can feel the great difference.The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;

The fiscal policy mentioned above, the 1 trillion special national debt that we started to issue this year, belongs to fiscal policy. 300 billion yuan has been spent on the trade-in activities of home appliances and cars, and many families should enjoy this preferential treatment, which has an obvious effect on stimulating consumption. The year-on-year growth rate of total retail sales of consumer goods in September and October increased from 2.X to 4.8% in October.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.Implement a more active fiscal policy and a moderately loose monetary policy.

If you carefully understand these changes in wording, you can feel the great difference.If you carefully understand these changes in wording, you can feel the great difference.Steady is the key word. Our goal is not to stimulate the stock market, but to develop the economy and transmit it to the economy.