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While resolving the crisis, local governments have much to offer.First, implement more active and promising macro policies to stabilize the property market and stock market. The Central Economic Work Conference clearly stated that more active and promising macro policies should be implemented next year to expand domestic demand and stabilize the property market and stock market. This shows that the government will improve the effectiveness of macro-control through unconventional countercyclical adjustment of fiscal and monetary policies.While resolving the crisis, local governments have much to offer.

The decision-makers have firm and clear confidence in the stability of the property market and the stock market.First, implement more active and promising macro policies to stabilize the property market and stock market. The Central Economic Work Conference clearly stated that more active and promising macro policies should be implemented next year to expand domestic demand and stabilize the property market and stock market. This shows that the government will improve the effectiveness of macro-control through unconventional countercyclical adjustment of fiscal and monetary policies.This is the reason why consumer stocks have risen.

The decision-makers have firm and clear confidence in the stability of the property market and the stock market.