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3. Tomorrow's sharp rise and general increase of China stock index will be a good opportunity to switch positions and exchange shares.1. The wording of proactive fiscal policy and deficit shows the determination to exceed expectations, and other contents are basically in line with my expectations. It is reasonable for the market to interpret it as a major positive, and the positive reaction of foreign capital may be related to its large-scale layout of China assets and call options in the early stage.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%.

5. If the stock index trend goes up and down, don't worry too much, and the follow-up opportunities may still be in the track stocks.4. Putting the expansion of domestic demand before the development of new quality productive forces shows the adjustment of policy focus.Main contents:

4. Putting the expansion of domestic demand before the development of new quality productive forces shows the adjustment of policy focus.3. Tomorrow's sharp rise and general increase of China stock index will be a good opportunity to switch positions and exchange shares.2. After eleven years, the loose monetary policy is proposed again. Compared with the previous prudent policy, this easing will be more significant.