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While resolving the crisis, local governments have much to offer.After more than a decade, it will be relaxed, which shows the directional measures to ease the economic pressure.

I pay special attention to four important meetings these days.After more than a decade, it will be relaxed, which shows the directional measures to ease the economic pressure.

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.This is the reason why consumer stocks have risen.