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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%.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.

My interpretation and evaluation:Opening at 3500 tomorrow, interpretation of economic conference1. 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%.

Opening at 3500 tomorrow, interpretation of economic conference1. 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%.4. Putting the expansion of domestic demand before the development of new quality productive forces shows the adjustment of policy focus.