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We should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.Implement a more active fiscal policy and a moderately loose monetary policy.Fiscal policy and monetary policy are important ways to regulate the economy.

The prefix of "moderately loose" monetary policy was "prudent" last year, and the prefix of "moderately loose" was adopted last time in 2010, which has not been used for more than ten years, so it is rare.Then there is "improving investment efficiency". I want to tell you here that improving investment efficiency is not to improve investment yield, and we can't draw an equal sign directly. There is only one sentence directly related to the stock market in the full text:Overall, this is a good thing for A shares.

This is very close to the time when the full draft of the meeting was released. Let me show you some of the contents:Promote the integrated development of scientific and technological innovation and industrial innovation, stabilize the property market and stock market, and prevent and resolve risks and external shocks in key areas.The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;