Di Yi Cai Jing·2025-12-11 11:50Core Viewpoint - The Central Economic Work Conference held in Beijing on December 10-11 outlines the economic work for 2026, emphasizing the continuation of a moderately loose monetary policy and the flexible use of various policy tools such as reserve requirement ratio (RRR) cuts and interest rate reductions [1] Monetary Policy - The conference indicates that the main tone of "expansive fiscal + expansive monetary" will persist into 2026 [1] - There is still room for RRR cuts and interest rate reductions, with expectations for moderate increases in these measures between the end of 2025 and the first half of 2026 [1] - Long-term liquidity tools will be employed to maintain a loose funding environment [1] - Structural tools will focus on key areas such as technology finance, green finance, and inclusive finance to enhance policy precision [1]