The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;Therefore, consumption is our focus for a long time to come, and it is also often said: to open up the big cycle of domestic consumption. Next year, we will issue 1 trillion special treasury bonds and make a fuss about consumption.Overall, this is a good thing for A shares.
If you carefully understand these changes in wording, you can feel the great difference.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:The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;
Implement a more active fiscal policy and a moderately loose monetary policy.The prefix of "more active" fiscal policy last year was "active" fiscal policy, so a comparison is a progressive relationship;The market fluctuated slightly, but after the A-shares closed at 3 o'clock, the Hong Kong stocks that closed at 4 o'clock started a surge mode: Hang Seng Technology rose by 4.3%, Hang Seng Index rose by 2.76%, and the rising time was around 15: 20.