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Looking at the overnight summary,

The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9th to analyze and study the economic work in 2025, and put forward to implement a more active fiscal policy and a moderately loose monetary policy, and strengthen unconventional countercyclical adjustment.

Looking back on the practice of China's monetary policy in the past 30 years, the Bank of China only implemented a "moderately loose" monetary policy in 2009-2010."Stabilizing the stock market" is also rare!