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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.If you carefully understand these changes in wording, you can feel the great difference.

Fiscal policy and monetary policy are important ways to regulate the economy.We should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.If you carefully understand these changes in wording, you can feel the great difference.

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.Implement a more active fiscal policy and a moderately loose monetary policy.We should vigorously boost consumption, improve investment efficiency and expand domestic demand in all directions.